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kennzo
Feb 17, 2021 5:37 AM

CCS (Century Communities Inc.) - Bull start, will it continue? Long

Century Communities, Inc.NYSE

Description

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!

Comment

TRADE UPDATE: Marginal successful
We may still see further gain after earnings announcement
Comments
kennzo
@TradingView - error on chart allocations between tickers CC and CCS.
Can you please investigate and correct this?
gxv
This is THE CHEMOURS COMPANY LLC..
kennzo
@gxv, Sorry I'm not sure what you mean, can you clarify?
The tradingview graph clearly states 'Centuries Communities' as does the title of the post.
I believe you may be confused, the company you mention has ticker CC.
Thank you
gxv
@kennzo, have a look in the "ideas" section of CC. Seems like there's also confusion in the CCS ideas!
kennzo
@gxv, OK, it would seem there is an error on the allocation of placement for these two stocks within the Tradingview environment.
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