StockCall Pre-Market Review on Marriott Intl., Starwood Hotels & Resorts Worldwide, Ctrip.com Intl., and Orient-Express Hotels
LONDON, March 14, 2013 /PRNewswire/ --
With the overall improvement in the economy, markets hit another record high on Wednesday. The Services sector also posted good gains. The Dow Jones ended yesterday's session at 14,455.28, up 0.04 percent while NASDAQ was up 0.09 percent to close at 3,245.12. Similarly, S&P concluded the day on a high note at 1,554.52, up 0.13 percent. Our research team took a look at Services sector and selected major companies like Marriott International Inc. (NYSE: MAR), Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Ctrip.com International Ltd. (NASDAQ: CTRP) and Orient Express Hotels Ltd. (NYSE: OEH) from the lodging industry. StockCall analysts initiated preliminary technical research on MAR, HOT, CTRP, and OEH. These free reports are accessible by signing today at
http://www.stockcall.com/register
Marriott International Inc. is currently in a bullish mode as the stock ended its previous trading session at $40.18, up 0.5 percent. The stock traded in the range of $39.96 and $40.40 during Wednesday's session. Its first support level is at $39.85 and upon breaching this level the stock may go down to $38.84 level. On the upside, Marriott's stock may touch $41.18 level. The stock has traded in the range of $33.93 and $41.84 in the past 52 weeks and it grew by 7.03 percent during the same time period. On a Year-to-Date basis, the stock is 10.14 percent. The free technical analysis on MAR is available by signing up at
http://www.StockCall.com/MAR031413.pdf
In-line with the upward trajectory shown by broad market indices, Starwood Hotels & Resorts Worldwide Inc. stock finished 1.09 percent higher at $62.96, with volume up from daily average of 1.74 million to 1.89 million. Starwood Hotels & Resorts' stock is up so far in 2013 with its year-to-date gain at 12.15 percent. However, the stock currently shows a bullish trend which is further confirmed by the stock's MACD chart. The lodging company has its first support level at $62.09. In the coming trading sessions, the stock is likely to go as high as $62.99. Register now to download the free research on HOT at
http://www.StockCall.com/HOT031413.pdf
Ctrip.com International Ltd's stock declined mildly in its latest trading session. The stock closed 0.77 percent lower at $19.94 with 2.29 million share volume. With the decline, the stock is still down by over 9 percent for the year. In the past 52 weeks, Ctrip.com is down 17.21 percent. The stock currently has support at $19.58 level. Its MACD chart shows a neutral trend. The online company may face its first resistance level at $20.38. Upon breaching this level, the stock may go as high as $21.49. Free report on CTRP can be accessed by registering at
http://www.StockCall.com/CTRP031413.pdf
Shares of Orient Express Hotels Ltd. edged lower in its latest trading session, in contrast to trends in the broad market. The stock closed 0.29 percent lower at $10.25 on below average volume of 314,000. Orient Express Hotels' shares have lost more than 10.48 percent this year, underperforming the broad market. It has support at $10.03. With the decline, the company's shares are trading below their 20-day and 50-day moving averages. The stock's MACD is also trading below the signal line and the zero-line. Both of these are bearish signals. Register with StockCall and download the research on OEH for free at
http://www.StockCall.com/OEH031413.pdf
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