AMH has confirmed 3 Black Crows on the Monthly Timeframe and has cracked below an ascending channel and the 21SMA. I expect that we will get severe follow-through as both the Rental Sector and the Real Estate Industry in general continue their decline into the higher interest rate environment.
The PEAD projected a Bullish outlook for $AMH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Bearish
Fundamental
- Funds are distributing
- High PE
- High PEG ratio
- Rate hike is not good for REITS
TA
- Bearish momentum divergence ( first sign of bearish ) Must proceed with care if LONG
- Price broke down upward trend line
- Rejected trend line with long wick
- Formed head and shoulders formation
- Price below major S/R level confluence with 0.3...
Stumbled across AMH, from mistyping SMH, but the name piqued my curiosity. As many have heard, buying homes is becoming very difficult due to inflation, inventory, etc. AMH looks like it can capitalize on this and provide decent safe haven.
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The PEAD projected a Bullish outlook for $AMH after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
This is an example of a well established pattern. More specifically this is another running flat Elliot correction. With a fractal in the middle, sometimes the fractal in the middle will tell you the shape of the overall correction.
NYSE:AMH is breaking out of 2 month rectangle consolidation chart pattern. The breakout could possibly lift the stock into ALL time highs.
Keep it Simple!
Hey investors, AMERICAN HOME 4 RENT is in a fake bearish configuration, with a small number of wantume to purchase. Big possibility that buyers are still in the process of pushing up their purchase prices, this upward continuation starts on the last previous higher and may go into the decision area to set a new price.
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From a purely technical perspective, AMH is bullish because we've broken the Kumo. However, we're at an area where we lost support and hence it has become resistance. If we see a consolidation or a breakout from this area that will be a strong indicator to buy. What we don't want to see is price reject sharply from here.
Company profile
American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating single-family home as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Agoura Hills, CA.
Real Estate Investment Trust (REIT); which focuses on single-family home rentals in the US. EPS has been slowly increasing from year to year. Could see some continued growth this year breaking the $23.05 level to continue its bullish trend on a weekly time-frame.
I like this stock and this is why:
There is a very strong support line.
The stock bouced at it today.
The candle of today did a nice little doji and and a doji shows indecision in the stock and indecision after a strong down move like that shows us that that the bears start to loose control and the bulls may start getting the power.
When you see 4 red days in a...
EPS due on May 04,2017. Long position on breakout above 23.85 range. Stop around 23.45 depending on your risk management. On breakout, first target is around 24.70.
American Homes 4 Rent is a real estate investment trust based in Agoura Hills. Early funding included $600 million from the Alaska Permanent Fund (The Alaska Permanent Fund is a fund developed mainly from oil revenues in Alaska). The company held its initial public offering in August 2013. As of September 30, 2016, AMH owned 48,153 single-family properties in...
