ATH: Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.
Why I'm buying at these levels:
-ATH has now corrected to its 0.168 Fibonacci retracements (blue zone on the chart).
-The Demark TD sequential is on a 8 daily, showing good chance of reversal.
-The 50 EMA is supporting the price.
-Fundamentals reasons: the economy is reopening, people just want to travel and are going back to hotels
Targets on the chart: 7.79/9.11/12.80/14.14
Stop loss just below the EMA 50 and blue zone.
Trade safe.
Why I'm buying at these levels:
-ATH has now corrected to its 0.168 Fibonacci retracements (blue zone on the chart).
-The Demark TD sequential is on a 8 daily, showing good chance of reversal.
-The 50 EMA is supporting the price.
-Fundamentals reasons: the economy is reopening, people just want to travel and are going back to hotels
Targets on the chart: 7.79/9.11/12.80/14.14
Stop loss just below the EMA 50 and blue zone.
Trade safe.
交易结束：到达止损
Reverse split news destroying the stock. Nothing you can do about it. Stop loss triggered. If you're not in the stock, 2.90 is a good level to buy a bit.
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