hockeysniper

RH - Bullish on this sector

Long
RH (NYSE:RH)  
NYSE:RH   RH
Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace. Fundamentals - Sales of new U.S. single-family homes increased in July after three straight monthly declines. Median house prices surged 18% to $390K from a year ago. People are still renovating homes in this low rate environment and people working from home.

Technicals - Weekly chart is showing a flag pattern . Options for 9/10 and 9/17 are pretty even , the put call ratio is 1.
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