Home Inns & Hotels Management Inc. (HMIN) Enters Overbought Territory – Tale of the Tape

Zacks

Home Inns & Hotels Management Inc. (HMIN) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because HMIN is now in overbought territory with an RSI value of 78.37 Furthermore, estimates for the Home Inns & Hotels Management have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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