Equity Oracle: 05/31/2012

Hotel rooms will be in demand with international travelers who are buying a weaker dollar this summer. This means that those traveling from Europe will have more buying power in their currency, resulting in cheaper vacations for those going on holiday. As you can see from the chart above, the stock is bouncing off of a well developed role reversal line and we have a clear target price around the $42 area which is our next resistance point.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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