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MrxMvP

LGIH Pullback?

Short
LGI Homes, Inc. (NASDAQ:LGIH)  
MrxMvP Updated   
NASDAQ:LGIH   LGI Homes, Inc.
Technical Indicators Chart Patterns Trend Analysis LGIH lgihomes pullback correction mrxmvp Divergence bubble overextended
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indicator chartpattern trendanalysis lgih lgihomes pullback correction mrxmvp divergence bubble overextended
LGIH has been on a great run over the past 2 weeks. I love this company in the long term, but I see a shorter term pullback coming as soon as next week simply because it has had 11 consecutive green candles on the daily, and the there is now a divergence in the current trend and the daily volume. I'm betting on a fall to at least $120 before April. BUT Only Time Will Tell
Comment:
The run continues for LGIH...and so does the volume divergence and it's overbought status. I continue to wait for the inevitable correction.
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