It can be noted that HOT is currently breaking through key horizontal resistance with good volume, which is a good sign. In addition, it is on the verge of breaking a long descending trend line, which could also signal a continuation of the bullish movement.
It is important to note that the HOT is currently serving as strong support and a retest above key horizontal support could confirm a continuation of the bullish move.
Overall, if there is a solid break above key horizontal support, it could be an additional signal to investors that a continuation of the bullish move may be possible.
