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Analysis: #NASDAQ $HTHT

Case 231 #Huazhu Group Limited

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#HTHT 1/4
Chart 1
Weekly Chart: Price has found buyers at the cluster (25.85-24.90) #support area below the #Fib.0.50 and reclaimed the SMA 200 but is trading below the mid-point of the trading channel. #Resistance is seen at 32.85 (pivot and .....

HTHT 2/4
..... sloping #trendline) then the #confluence of both the #SMA 20 & 500 approximately at 34.55. To the downside below 24.90 will target the Fib. 0.618 at 21.32 then #pivot and channel support at 18.71 and 17.42 respectively.

HTHT 3/4
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