PulteGroup, Inc. - Swing Trade Setup

PHM - PulteGroup, Inc. - Swing Trade Setup
High-probability breakout play in homebuilding sector

🎯 TRADE PARAMETERS:

Direction: LONG

Entry: $137.57 (on pullback or breakout confirmation)

Stop Loss: $127.57 (-7.3%)

Take Profit: $158.27 (+15.1%)

Risk/Reward Ratio: 1:2.1

📊 TECHNICAL ANALYSIS:

Chart Pattern: Bullish consolidation above key support

Momentum: RSI showing strength without overbought conditions

Volume: Increasing volume on upward moves

Key Levels:

Support: $127-$130 zone

Resistance: $150 psychological level

🏠 FUNDAMENTAL CATALYSTS:

Strong housing market fundamentals

Favorable demographic trends (millennial home buying)

Solid earnings growth trajectory

Reasonable valuation within sector

⚖️ RISK MANAGEMENT:

Position size: 1-2% of portfolio risk

SL below recent swing low

TP at next major resistance zone

🔄 TRADE MANAGEMENT:

Move SL to breakeven at +5-7% profit

Consider partial profits at +10%

Trail stop on strength

Chart: Daily timeframe

Disclaimer: This is educational content, not financial advice. Trade at your own risk. Past performance doesn't guarantee future results.

#PHM #Homebuilding #SwingTrading #TechnicalAnalysis #PulteGroup