HLT Stock Chart
By Blain Reinkensmeyer on Jun 18, 2007
Hilton is setting up decently right now, with the MACD and RSI both showing neutral. I would half my position with a break about $36.50 resistance on strong accumulation volume, and buy the rest with a break above $38 moving the stock into new highs. This movement may take a few weeks, and perhaps not even occur if last week’s $34.32 low is tested.
This entry was posted on Monday, June 18th, 2007 at 8:27 am and is filed under Annotated Analysis.
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