A technical look at the stock
pattern over a period of five years . The stock encountered resistance near US$100 in 2022 but pierced above this level earlier this year to signal a breakout from the bullish formation and the start of an uptrend toward higher targets .
Hyatt became overbought and was far above the 40-week Moving Average at that time; it started a minor correction toward the Average and now appears ready to resume the uptrend. Behaviour indicators including the rising 40wMA confirm the bullish status. There is good support near US$100-105; only a sustained decline below this level would be negative.
Point & Figure measurements provide targets of US$125 and US$135. The five-year Inverse Head-and-Shoulders.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tron bears stand firm to halt bullish momentum, which way will TRX move?Buyers and sellers showed indecision, as TRX's bullish momentum stalled at key resistance level. Investors should thus put serious thought into TRX's price action before making their next move.
Read more »
![Ripple [XRP] prices decline, but platform integration makes investors bullish](https://i.headtopics.com/images/2023/5/9/cryptoamb/ripple-xrp-prices-decline-but-platform-integration-ripple-xrp-prices-decline-but-platform-integration-1655748170276646915.webp?w=640)
Ripple [XRP] prices decline, but platform integration makes investors bullishLimewire announced the integration of Ripple (XRP) as a payment option for token sales. XRP's declining price did not deter investors who remained bullish on the token.
Read more »
![Solana [SOL]: Will confluence at key support level be enough for bullish rally](https://i.headtopics.com/images/2023/5/9/cryptoamb/solana-sol-will-confluence-at-key-support-level-be-solana-sol-will-confluence-at-key-support-level-be-1656004860381208594.webp?w=640)
Solana [SOL]: Will confluence at key support level be enough for bullish rallySolana faced another price rejection at the $23 level. However, confluence at key support level could offer bulls a chance for a pullback.
Read more »
![Why Bitcoin [BTC] is due for a mid-week bullish relief, as per these findings](https://i.headtopics.com/images/2023/5/9/cryptoamb/why-bitcoin-btc-is-due-for-a-mid-week-bullish-reli-why-bitcoin-btc-is-due-for-a-mid-week-bullish-reli-1656019961171648542.webp?w=640)
Why Bitcoin [BTC] is due for a mid-week bullish relief, as per these findingsBitcoin addresses holding at least 1,000 BTC have been accumulating for the last four days. This confirms that the recent exchange outflows are backed by favorable whale activity.
Read more »
Fast-money quants, human traders most split on stocks since 2019Human and computer\u002Dguided investors haven\u0027t diverged this much in their stance since 2019 with the quants much more bullish. Read on.
Read more »
![Polkadot [DOT] hits March lows – Here are key levels to consider](https://i.headtopics.com/images/2023/5/10/cryptoamb/polkadot-dot-hits-march-lows-here-are-key-levels-t-polkadot-dot-hits-march-lows-here-are-key-levels-t-1656140754547359748.webp?w=640)
Polkadot [DOT] hits March lows – Here are key levels to considerPolkadot [DOT] bears devalued the asset to the March low and bullish OB of $5.1. Will it offer steady ground for bulls?
Read more »