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inocelda
Nov 12, 2015 8:03 AM

DHI: Good Earnings Surprise Long

D.R. Horton, Inc.NYSE

Description

This pattern is stronger since it is backed up by my previous post about DHI's Horn Bottoms pattern. Typically, good earnings surprises are not exceptionally reliable but the intraday volume and price fluctuation are very high, buying pressure is high, and the Horns Bottom shows it going up. A pullback may occur tomorrow or the day after but it should continue upwards after that to meat the $33 target range.

thepatternsite.com/earnsgood.html
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