BEE

kang_wang

How about BEE? It's a REIT in the hotel industry. Looks like it's breaking out. Anyone care to comment on its long-term outlook?

Thanks

Cobra

How about BEE? It's a REIT in the hotel industry. Looks like it's breaking out. Anyone care to comment on its long-term outlook?

Thanks
kang_wang 发表于 2010-1-8 19:19

Live Link: http://stockcharts.com/h-sc/ui?s=BEE&p=D&yr=1&mn=3&dy=0&id=p48506666145&a=188323103

The breakout looks good to me.

kang_wang

Thanks Cobra!

kang_wang

There was a little pullback then a small reversal bar showed up today. I'm not sure if it's time to get in or wait for more pullback.

AGA7d

Hotel REITs had a good run - but the run may be ending. The macros are still poor for the sector. The rebound is more like a correction from a deep oversold due to liquidity problem. Now the liquidity issue is mostly gone, so will be the rally...

There are more hotels out there and less people traveling putting pressure on occupancy and pricing. Overall the sector is not a great place to park your $ - but I cannot say about specific companies.

kang_wang

Always learn something new in HT. Thanks!

angrybear

waiting to break that 3 dollar target

kang_wang

Which support line will it use? The SMA20 on the daily chart or the black line? It's also approaching the middle line of bollinger bands.

Actually, is SMA20 more useful than EMA20?