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eliasbradley16
Jun 8, 2021 6:42 PM

MTH Cup and Handle Forming Long

Meritage Homes CorporationNYSE

Description

First cup and handle pattern I have drawn out. Would love some feedback. The setup looks great plus MTH is a great value buy with a DCF fair value of $202. I think it can hit at least 140 in the coming weeks with a lower estimate of about 120 if the handle retraces 2/3 of its advancement.
Comments
fillingTheGaps
It looks good at the 91 or 92 entry price. ESP estimates have been increasing of the last 30 days. I'm going to watch it Tomorrow to start bouncing up.
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