Summit Hotel Properties Inc. (NYSE:INN)

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  • Bridget: Possible shorts: $INN - has had a great run since Nov but volume is trailing off and seeing bearish divergence on the daily MACD. $16 is looking like a double top $STZ - broke the 200MA back in Nov and has been trading sideways with support at $144. A break here will likely lead to much more selling. Or sell closer to the 50MA $WFM - broke through the 50MA and 200MA with conviction today. Support at $30 but another break here will likely lead to a fall back to the lows at $28 $SIG - Same here but not seeing much signs of support. Closed near the LOD. Retail stock that is no longer on the rise.
  • Bridget: $INN continuing to move higher after hitting a new 52 week high. Volume has perked up over the past few weeks. This has good momentum but I would not buy here, wait for a pullback to the 20MA
  • Bridget: $INN big move today and seen a surge in volume for the last few weeks. New 52 week high. It has my attention.
  • Bridget: ...
    $INN - big move today and seen a surge in volume for the last few weeks. New 52 week high, hotel stock
    $CORE - up big on new supply agreement with Walmart. breakout on volume. Nice cup pattern
    $BID and $DNKN - new 52 week high on big volume, I see ...
  • Aiko: ...
    $INN
    $INVN
    $ITT
    JAG
    $JIVE
    $KIOR
    $KIPS
    $KMI
    $KORS
    $KOS
    $LNG
    $LNKD
    $LPI
    $LPR
    $LRE
    LSC
    $LTD
    $MCEP
    $MD
    $MDGN
    $MEMP
    $MFRM
    $MITT
    $MKTG
    $MN
    MNEL
    MNGLU
    $MNKD
    $MTDR
    $MTG
    $MTGE
    $MX
    $NAGS
    NDRO
    NGL
    $NLNK
    $NPTN
    $NQ
    NRGM
    OIL ...
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Stock Price $6.47
Change -0.05%
Volume 131,444

Summit Hotel Properties Inc is a self-advised hotel investment company that was recently organized to continue and expand the existing hotel investment business of its predecessor, Summit Hotel Properties, LLC.

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