KEEP TRADING SIMPLE - PK2 Bottoms identified (Potentially 3) - Rising Volume Throughout all 3 bottoms - Breakup to new support which held on previous lows. Breakdown held support.
A little tricky may have to keep on eye on it.
Have a great day!
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1.02 USD
211.00 M USD
2.60 B USD
196.01 M
About PARK HOTELS & RESORTS INC COM USD0.01
Sector
Industry
CEO
Thomas J. Baltimore
Website
Headquarters
Tysons
Founded
1919
FIGI
BBG00JVRGVP1
Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.
PK - travel and leisure bearishAgain the theme is less risk in current Macroeconomic environment. Travel numbers have been going down which doesn't bode well for travel and leisure. As always the ratio of our trades are paramont. This is a good spot to make some money on a trade that played out quite nicely in the past.
Park Hotels & Resorts - signs of reversal"Three Green Soldiers" for $PK
Might be a sign of reversal ... or who knows ...
Park Resorts and Hotels - delta downdraft continues?How can you tell when a stock makes a double or triple bottom? these chart patterns are hard to see sometimes.
... just a rhetorical question. I'm sure $PK can move either direction in the near-term.
... but hopefully higher in the distant future.
$PK - Park Hotels and ResortsThe recent earnings were fairly good, and I believe the current price reflects market fear regarding the "delta-variant".
I like $PK at current levels and will continue to accumulate shares (with a 1 month to year-end time frame).
I see it swinging between the S1 and R1 pivots points ($17.00 - $2
Park Hotels & Resorts - looks a bit oversoldNot a technology momentum play, but perhaps a good candidate for an oversold bounce.
See support $18.50 - 18.60
TP $21
Park Hotel & Resorts - Post pandemic travel demand improving
$PK looks attractive between 19.50 and 20.50, if your time frame is longer 6 weeks.
Also give $ABNB a look.
Park Hotels and Resorts - anticipating end of pandemicNext resistance on upside will be $20 to $21 range.
Not a high-momentum tech stock, but looks interesting all the same.
$PK Park Hotels Recovery Trade Setup
Potential entry above $19.00 at which
point the stock will have cleared channel resistance and the Fibonacci Golden pocket.
The next resistance to consider as Take Profit will be the major pivot point @ $21.65.
Good Luck and please give us a like or leave a comment.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
PKIH5183530
Park Intermediate Holdings LLC 4.875% 15-MAY-2029Yield to maturity
7.09%
Maturity date
May 15, 2029
PKIH5805822
Park Intermediate Holdings LLC 7.0% 01-FEB-2030Yield to maturity
6.88%
Maturity date
Feb 1, 2030
PKIH5046395
Park Intermediate Holdings LLC 5.875% 01-OCT-2028Yield to maturity
6.21%
Maturity date
Oct 1, 2028
See all 0KFU bonds