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Friday, March 23, 2012
Unexpected Volume Encountered In (NASDAQ: HTHT)
China Lodging Group, Limited (NASDAQ: HTHT): fell by 1.89% or $-0.24/share to $12.46. In the past year, the shares have traded as low as $12.00 and as high as $22.50. On average, 112472 shares of HTHT exchange hands on a given day and today's volume is recorded at 112763. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $14.47 area where the stock may encounter resistance.
