NASDAQ - HST : HOST HOTELS & RESORTS INC. 11 DEC 2024BUY CALL FOR NASDAQ - HST : HOST HOTELS & RESORTS INC. on DEC 2024.
Buy at CMP 19.07 with Stop Loss at 18.25.
Take Profit at 20.10.
HST trade ideas
HST the future of hotels?If technicals lead fundamentals then we could be looking at the next big thing since slices bread. HST a traditionally rangebound ticker is finally creating a bullish flag that gives way to a fair amount of optimism for price. Holidays and overall increase in the bullish nature of the markets should bode well for this stock going into the holidays.
Long Idea As we can see here HST has been moving in a huge symmetrical triangle as we can see here the stock consolidates for about 2 weeks and a half once touching down at support before breaking out to the upside to once again touch the resistance.
Things to NOTE:
1. Bullish Divergence on the RSI
2. Inverse H & S @HERE
3.Bullish PIN BAR on the WEEKLY time frame
These are very strong indicators that HST may see a move up on the upcoming weeks. Play it as you will, I'd love to hear your input on this or exchange ideas on other possible stock moves. Happy trading fellas :" }
$HST Host Hotels on breakout Watch
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