Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
I am referring on my stopped out deal opened at 18:48 today. Now that it seems to me that the downward correction is over and the momentum still in favour of the stock I am buying it back at a lower price.
We have taken out the November high and spiked up with good momentum. Suppose the market will test the value of this spike ant try whether the August tops can reached again.
This video includes analysis of financial statements and technical analysis to support my opinion that PulteGroup is undervalued and ready to rise. Watch the video in the link below....
Possibly has reached C but would be nice to have confirmation. If this is at C then stop would go under C. Tucking it away where Mr. Market does not find it on a simple pull back can be a smart move if you plan to hang. Today's candle pattern is a Harami cross which may represent indecision, but can also represent a reversal but needs a third day for...
Perfect falling wedge on $PHM #PHM . Follow me to be alerted when it break the wedge . #SwingTrading #NASDAQ #SP500 #stockstowatch #StocksToTrade #trading #qqq #spy #SPX
Took a small position to play the 50% of PHM that I've been watching at the level for the last week.
The price is at a crucial support area which is also backed up by the 50MA, the 38 Fibonacci retracement and a multimonth trendline. The trade can be entered when the reversal candle at 57,01$ is confirmed. The stop should be placed at 53$. If the support area does not hold an entry at around 50$ can be considered as it has provided a significant support area in...
Is the pandemic home boom over and about to roll over?
Is the pandemic home boom over and about to roll over?
Lower than expected earnings + shooting star pattern on average volume + gap up = short 3:1
PHM Fundamental good and best Entry for Long term Holding
Nice break out of a short term downward resistance line in what is an overall bullish channel backed by supporting home and building data out of the US. If we can settle above $47 I think we see $55 area.
I have noted tons of rising narrowing wedges in the market since the craziness started.. I have also noticed they can win over an ascending triangle just about everytime! Too much buying sent almost every stock in the home building sector in to a down spin.. I am sure it will recover and this is just one example..DHI, LEN, MTH etc all suffered the consequences...