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nicktussing77
Dec 4, 2023 6:54 AM

PHM PARABOLIC MOVE 

PulteGroup, Inc.NYSE

Description

I mean, if you can't see that something major is happening with this stock, you're high...
HOWEVER, Holy Gaps batman.

Topside pump takes us to around 125, with a max of like 136. There is support but watch out for a retracement from whatever "good" sounding news is coming. This stock is being setup to drop over 50%.

Personally, I like the dog coin next, you can see my chart below.

WHY real-estate when you can buy data? PHM needs to figure out how to monetize whatever data they can collect.

Comment

BIG MOVEMENTS, my risk would be way over on this trade at the moment, but happy to see the stock pump. As stated before, there is still more room on the topside should it want to continue into next week.

Comment

I'd say: Be careful on this trend break, it implies a possible sharp drop.
Because it is related, GME looks better in the near term, but also has a possible downside of $10
Comments
mindfulnessmeditation777
Where is PHM going to go? 125? 136?
nicktussing77
@mindfulnessmeditation777, I have no clue, but statistics say there is a better than average chance we see more bullish price action to 125 if we can close over 101, and especially if we close over 109 tomorrow.
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