Home Inns & Hotels Management
Home Inns & Hotels Management (HMIN) is an economy hotel chain in the People's Republic of China. The stock is trading up 5% at $27.08 in recent trading.
Today's Volume: 404,000Average Volume: 446,388 Volume % Change: 170% From a technical standpoint, HMIN has started to bounce big today off of some previous support levels near $25. Market players should now watch for a breakout trade to trigger if HMIN can manage to sustain a high-volume move and close above some near-term overhead resistance at $28.25. Look for volume that's near or above 446,388 shares if $28.25 is taken out soon. A sustained high-volume move and close over $28.25 should setup HMIN to re-test its 50-day moving average of $30.48.