HLT Swing




Another 3 star trade I want to get big on. Short float not big here, but beatdown + structure and vol + failed breakdowns thinking we got something good here. 


Entry was a bit tough, market gapped higher and pulled in, HLT didnt see that pull in to start the day, setup with ORB flag and got in on break higher still well above bo level without testing it. 

After entry came back to vwap for retest, market held higher pushed back up. This is 3star big trade im looking to add. 

And got it as it turned back up. 

Curled higher again as market dropped again, v good rel strength here with good tape. Added more. 

Great chart here with tape, added more on HOD break. Stop will be if this pattern fails now. May want to reset lower, but so far excellent break higher with great tape and vol.

Market sold off to new LOD, HLT held, made base, moved higher again to new HOD. Trying to add again. Got it on pb to vwap. 

Dipped lower on big vol back to vwap. Will have to hold under a while before I bail. Still around breakeven and big. No reason to take big loss here, also reasons to hold. Hopefully no flash dumps. 

Vol slowed and we ripped higher for a moment. As long as we dont lose anymore ill hang in here. Not thrilled with big pb during market strong trend higher. 

Holding ok, other hotel names doing the same, pulling in testing lower, starting to see good base. Still in it for now. Market making me nervous, Internals keep selling off but SPY QQQ keep moving higher. Only a matter of time before we see PB and how itll affect trades. 

Unfortunately looking v bearish. Came ack to retset range lows, held under, spiked lower with more sell. 

Got out as we broke down. And right away this thing ripped back up to vwap in less than minute. 

Got back in one call. And the others. Not as big but am back in lower risk. 

And setting up again for another good looking breakdown. Will hold through if it happens and see retest. Expecting buyers to rip it up again. 

Chart looking even worse than before. Market still moving up, this move lower is on much lower volume, less red. Yeah theres a buyer here ive seen show up a few times now.

Ticked up, close tight TL, ready to add, internals perking higher, might see it soon. 

And added. Buying is here, stop tight again. 

Built under vwap, time for MAs to now coil under and make range with high above vwap. Market also pulling in and coiled looking ot turn higher again. Added on range break. 

No pops yet, but structure and conditions looking great here. Bigger than I was before now. Expecting trend to begin again.

 And collapsing on me. Failed break higher, dumped lower on very low vol, will have to wait. MAs now above. 

There is still buying down here. Holding for now. 

Cant drop, tight again drifted higher, small buy vol bump, broke mini range high into TL and looked good, added again. Market turning higher hard.

And then lower but here we are again on HLT, back to breaking triangle higher above vwap, trying to add again. On a 3star trade, one that I want ot be big on, I will take as many entries as this thing will allow me too, and so far I got a lot of chances to add with very tight risk. 

If does turn into loser, itll be big, but potential here is huge. 

Coiled above vwap now, still hasnt broken high of range yet, turning up again as market still strong, will add once more. 

Other hotel names strong today, also in v tight ranges. Edge to bulls. If we can get going, we should really see something. 

Bids coming in a bit, still holding above. 

Now looking at other hotels, tight ranges, now breaking down, gotta hold still and wait to see what this down turn does. There does seem to be some hidden sell here clearly above vwap. Not visible on L2 but there must be something. Name has had too many chances to breakout higher here and were not. Gonna get dumped on if im not careful. 

Bottom TL now in play, breaking lower, into HTF MAs super tight action here still. 

Failed breakdwon, now has to get back above vwap, good tape buying once again bringing us higher. 

Moving lower on increased vol, but slower grindy move. Have seen buying still so must wait. Could be last shakeout. Other names still doing ok. 

Buyers again, still here. HTF MAs also getting tight under price, I still gotta hang in here. 

Name is really respecting all kinds of trendlines here. Cant get much tighter among everything. MAs, HTF zones, TLs. Just waiting for a break one way or thr other. If I see and get a chance, ill short the stock to hedge. 

Gaining some steam to upside to retest old TLs and try to break new one into VWAP. May add if more.

Got it and big bids coming in. Added 

Clear levels to beat here, we got the tape, we got the market, got the location, vol could be better, but its slow name and after christmas. Other hotels also popping again. 

SPY broke big TL from HOD, and failed, HLT broke TL from HOD, into vwap, also failing., Im short short, with plans to get out asap if we break above mini range and vwap, if we dont, stock is in trouble, I can manage risk here on swing, taking small scalp win on stock, preventing big loss. 

In my head, I can make ~100 to prevent a 200$+ loss from swing. At same time, will be a ~50$ loss but would drastically be made up for if this does what I want it to. 

Industry cant get much tighter, just waiting, some big move coming one way or the other. 

Broke down, others as well. Options moved a bit lower, waiting to see if we buy the dip again. Bigger HTF MAs now coming into play. Market actually breaking out higher. Industry weak. Sucks.  

V low vol move lower. 

And wouldnt you know it, shook us all out and ripped back up again. SPY blasting off hard, QQQs following, market seeing another round of strength come in, will have to see if we can finally get out of this mess. I took hedge off at breakeven. Big 5 min engulfing candles across the industry, with vol. . We shall see, maybe spotted a hidden sell, removed though. 

Getting sick of watching this thing toy with me. Feels like I can only hold through so much before I just take a big L anyways. Market turned harshly lower just after we ripped back up, sucks again. 

Again buying near low of range, gotta be refresh sell here. 1k on offer repeatedly around. Although may not be real. Really just cant tell. Reasons to hold, reasons to exit. Just gotta deal with risk at this point. Not seeing enough to get out. 

Dipped to range low, huge buy came in again spiking price back up. As far as i can tell, that offer isnt real. Keeps skipping around never getting filled. Must be the fake to push lower, to buy more. I will get out of this trade if it does not improve upon TL break. Were starting to obviously be weak, holding under HTF zone. If we bust TL we need to see some clear strength come in, if not, I have no reason to stay in this. 

Refresh offer here again. Though this time we did take it and get above. TL tight and making range breakout to get above. Should see it if we do, if not, need out. Market v strong still. Industry turning higher as well out of its tightness, if real good here, I may add. 

And did, tape is good, lots of buys again, industry also breaking out higher and market still strong. Has to be turning point now. 

Headed into last hour and half of day. Vol picks up, lets see who wins. Stalling after TL break, not losing, but not gaining anything

Testing lower TLs again. Vol increase and buying again here with TL confluence. Such an annoying trade. 

Got to low of range, broke, no spike buy yet, getting out dont care. Trade shown too many failed signs. Big L but needed to take the trade and trade like I meant it. 

Comments