$PHM PulteGroup Homebuilders looking overbought approaching 200d ema line, expecting a near term pull back. Targeting $25.20 support by mid-December.
Note: Informational analysis, not investment advice.
An intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 21.84 - 22.32 as previously being back tested.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study,...
Looking for bulls to push PHM back to $29.12 + this afternoon and bullish confirmation on 25-June. Hoping restest is for a higher low (no lower than $28.79) to finish right shoulder. Purchase at neckline. 30 Day Price target $31.45, stop loss at $28.62.
PHM odds for 10sma monthly bounce is again reason why it is on screen. After yesterday earning report and nice gap we can see 60 min consolidation. My interest is for swing trade and because of that for start I'm using stop under yesterday low, but if 60 min consolidation will continue and if we will see setup after doldrum time I will look for smaller stop. Idea...
vuelve a mostrar fortaleza el sector de los HomBuilder y $PHM no es la excepción! Buscando salir de la lateralización hacia arriba con buen volumen hoy. Sin embargo el movimiento se confirmaría al ver la MM30 nuevamente al alza.
We really like to keep our charts simple and momentum in price action is the most important thing to us. One of my favorite setups is a squeeze because it allows me to get into a stock or option before the large move has been made. This is obviously really nice when you trade with options because of the greeks and implied volatility starts working for you. Here is...