CCS (Century Communities Inc.) - Bull start, will it continue?
Century Communities Inc.
Century Communities, Inc. is a home building and construction company. Its activities comprise land acquisition, development, and entitlements; and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects. The Company operates in major metropolitan markets in Colorado, Texas and Nevada. Century Communities, Inc. is based in Greenwood Village, Colorado.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y with excellent Momentum
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter started well, and jumped immediately above MED point, missing opportunity to enter the trade
- If we can see a price pullback below the MED point we have an entry based on Slo Stochastic indicator
- There is then an expectation for the price to move to the MID or HIGH point prior to the quarter-end
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Century Communities, Inc. is a home building and construction company. Its activities comprise land acquisition, development, and entitlements; and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects. The Company operates in major metropolitan markets in Colorado, Texas and Nevada. Century Communities, Inc. is based in Greenwood Village, Colorado.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y with excellent Momentum
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter started well, and jumped immediately above MED point, missing opportunity to enter the trade
- If we can see a price pullback below the MED point we have an entry based on Slo Stochastic indicator
- There is then an expectation for the price to move to the MID or HIGH point prior to the quarter-end
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
We may still see further gain after earnings announcement