H&S? Short below $30 (Stop: daily close above $31.10). Target 1 around $25 in the medium term. Tapering should hurt homebuilders most.
But if, price rebounds from here we might actually see a bullish reversal, H&S negation and then target would be atleast $34 (76.4 fib from all-time highs)
But if, price rebounds from here we might actually see a bullish reversal, H&S negation and then target would be atleast $34 (76.4 fib from all-time highs)