Meritage Homes Corporation

eliasbradley16

First cup and handle pattern I have drawn out. Would love some feedback. The setup looks great plus MTH is a great value buy with a DCF fair value of $202. I think it can hit at least 140 in the coming weeks with a lower estimate of about 120 if the handle retraces 2/3 of its advancement.

JustLikeTrade

NYSE:MTH

theimpeccableinvestor

Description: MTH is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $103.2 - $108.3 2. Take profit: $132.93 3. Stop Loss: $101.31 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 93%

Ray

Find your favourite home builder

Lazyblob

Will be following this one for a reversal

lauralea

MTH has managed to get caught in a small rising wedge after a long fall from a larger rising wedge. Seems to have recovered and ready to move again. I calculated the targets using the AB leg. This is the impulse wave and just seemed like a lot but it is 51.30 long! I will play it by ear and see how the market plays out. We have had a several up days in a row...

Lion247

Home owners are spending more money this year on home improvement; bathrooms and paint topping list" Open buy position here, stoploss at 75.00

NgBinhMinh

MTH Showing strength even when the market is correcting, now the price has confirmed the " Double Bottom" pattern and I have finished buying MTH. MTH buy : $108 MTH target : $135 Stop loss : $102 Wish you a good deal!

tacosaurus

Short term double top. Bearish engulfing yesterday. Daily MACD turning sour. Looking for $70 in the next week or two.

hungry_hippo

Lots of exhaustion gaps today, especially with options expiration tomorrow... Probably just a quick one day play.

Avih

MTH Sell Potential

AcornWealthCorp

MTH seems forming a H&S in the hourly chart and in the daily its running within a upward channel. We think it has good down side potential.  Trade details - Potential short with a break of 53.87, Stop signal 55.56. Target 45.56, 2nd target: Momentum

showerreport

Oversold and crawled in this area for long time, ready to move foward.

KeeneOnMarket

Huge call buyers in MTH guide us into a long position via options. This block trade in MTH represented volume over 10 times the average daily option volume in the name.