Watch This REIT With Technical Support in Place

Real estate investment trust (REIT) Host Hostels and Resorts Inc (NASDAQ:HST) is up 4.4% at $16.03 at last glance, after Wells Fargo lifted its price target to $18 from $16, maintaining its "overweight" rating. Plus, the 50-day moving average just moved in as support, which has preceded bullish activity in the past. Per Schaeffer's Senior Quantitative Analyst Rocky White, the REIT is within 0.75 of its 50-day moving average's 20-day average true range (ATR) after spending at least 8 of the last 10 days and ...