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Host Hotels & Re Set to Possibly Pullback After Yesterday's Rally of 1.07%

By Amy Schwartz

Host Hotels & Re (NYSE:HST) traded in a range yesterday that spanned from a low of $18.76 to a high of $19.05. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $18.92 on volume of 4.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that its subscribers protect gains by selling shares of Host Hotels & Re on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $19.72. Since that call, shares of Host Hotels & Re have fallen 5.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Host Hotels & Re share prices have moved between a 52-week high of $21.53 and a 52-week low of $14.69 and are now trading 29% above that low price at $18.91 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.5%.

Keywords: rebounders host hotels & re

Ticker(s): HST