Hello trader today's stock market is green after oil price stabilized at $97. This is a good thing but the stock market isn't fully recovered yet and there are not so many good stocks in the market. Now I want to share you these stocks with the same pattern.
Those three stocks are Host Hotels & Resorts Inc (NYSE:HST), ProShares Ultra Basic Materials (NYSEARCA:UYM) and Starwood Hotels & Resorts Worldwide Inc (HOT). Their charts are similar with same pattern and same indicators so I just share on picture for you (HST). I put them as our stock picks for today because their stock prices just rebounded from bullish price channel's support and now go up. The slow stochastic is in its oversold area and it's ready to go higher, indicating that the stocks would go up too. I expect the stock prices would reach their resistances.
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