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RS3175
Aug 17, 2023 1:57 PM

TPH Consolidating Before Moving Up Long

Tri Pointe Homes, Inc.NYSE

Description

TPH formed a double bottom in end July-beginning Aug before going into a consolidation phase. Bearish momentum is getting over. Next week TPH should start its move up.

Trade closed: stop reached

TPH crashed with the market yesterday. Several more days maybe weeks before it starts turning up.
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