When is a stock too high to buy? (Example: IHG)How do you know when you’ve missed the boat?
A stock has already gone up a tonne, so bascally you are too late!
Sometimes, you just have to let go, right?
Sometimes yes, but not always - let’s look at an example.
International Hotels Group (IHG)
Back in 2020, LSE:IHG IHG shares were trading d
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3.88 USD
628.00 M USD
4.92 B USD
156.26 M
About INTERCONTINENTAL HOTELS GROUP ORD GBP0.208521303
Sector
Industry
CEO
Elie W. Maalouf
Website
Headquarters
Windsor
Founded
2004
FIGI
BBG000DX15P2
InterContinental Hotels Group Plc is a global hospitality company. The firm's hotel brands include Six Senses, Regent, Intercontinental, Vignette, Kimpton, Hotel Indigo, Voco, Hualuxe, Crowne Plaza, Iberostar, Even, Holiday Inn Express, Holiday Inn, Garner, Avid, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood, and IHG One Rewards. It operates through the following segments: Europe, Middle East, Asia and Africa, Americas, Greater China, and Central. The company was founded in 1777 and is headquartered in Windsor, the United Kingdom.
IHG: corrective waveA typical 1, 2 and 3 wave pattern is busy unfolding.
It appears that the price action is busy with wave 4, which is a corrective wave.
The net movement of corrective waves is against the trend at one larger degree. Corrective waves typically consist of three sub-waves.
The target is set at 4650, whi
Intercontinental Hotels Group (IHG - LSE) - WXY wave patternIntercontinental Hotels Group (IHG - LSE) is in WXY complex correction pattern from last bottom upside. Wave W is over having internal B wave as triangle, which resulted in quick reversal after it ended. X wave will made of ABC. B will end soon and starts C down for X wave.
IHG - Retest of the breakout and 38.2% Fibonacci support.IHG is trading in a strong long term uptrend. The shares have corrected lower in recent weeks but buying support has been found at the previous break out level, which is now support. The correction is also inline with a 38.2% Fibonacci support level adding further weight to the bullish argument. Fur
Ascending Triangle Confirmed, Tough Times Ahead for IHG ?As per my previous CORRECT analysis back in April 26th (), the move upwards up to the upper trendline has been confirmed as well as the move downwards. This move downwards was quite a violent bearish move and strongly suggests that an Impulse move downwards has now started, for a long-term SHORT.
T
High Probability LONG until top trendline, before massive SHORTBased on the current Daily chart/pattern, there is a possibility to enter a LONG until the top of the channel trendline, before a substantial SHORT to the bottom of the triangle's channel trendline.
IF the bottom trendline is broken, after consolidation and crossing the Blueberry EMA, we should be
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
93DA
INTERCONTINENTAL HOTELS GROUP 3.75% GTD SNR EMTN 14/08/25Yield to maturity
5.56%
Maturity date
Aug 14, 2025
44JQ
INTERCONTINENTAL HOTELS GROUP 2.125% GTD SNR EMTN 24/08/26Yield to maturity
4.96%
Maturity date
Aug 24, 2026
See all IHG bonds