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HaseebKhan_90
Dec 16, 2021 1:57 PM

DHI looking to make new all time highs? Long

D.R. Horton, Inc.NYSE

Description

* Great earnings
* Very strong up trend
* High 3-month relative strength in the Consumer Cyclical sector
* Breaking out of a ~9 month base with higher than average volume
* Showed incredible strength over the past couple of months while the market was facing uncertain times.
* Max probable ROI is 28.57%

Trade Idea:
* If you can tolerate some volatility, now's a great time to enter.
* Looking at the weekly chart, it does seem a bit extended, so, if you're looking for a discount you can look for a buying opportunity near the $104.19 area.
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