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Look for Shares of Host Hotels & Re to Potentially Pullback after Yesterday's 1.07% Rise

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.

In the past 52 weeks, shares of Host Hotels & Re have traded between a low of $14.69 and a high of $21.53 and are now at $18.91, which is 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.6%.

Keywords: rebounders host hotels & re

Ticker(s): HST