M/I Homes, Inc. is a leading US-based home construction company that offers comprehensive homebuying experiences, including financing. Its long-standing market presence, consistent growth, robust financial performance, and commitment to sustainable practices make it a compelling option for investors seeking stability and long-term value creation.
In terms of any kind of short term entry, I would want to wait for a pullback with an indication of the uptrend continuing in order to get better value. For risk management, a trailing stop loss of around 16% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.
As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot stocks you might be interested in and can add to your watch list and perform further research on and or discuss with your broker.
Again. Not trading advice. Industries and companies change. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch.
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