PHM trade ideas

K-alonzi

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

norok Wizard Updated 

Took a small position to play the 50% of PHM that I've been watching at the level for the last week.

Cape-Peninsula-Capital

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...

chfor183

Lower than expected earnings + shooting star pattern on average volume + gap up = short 3:1

Ray

Strong today. New highs

e.varhaug

NYSE:PHM

g22555

VCP

phitsanukhom

PHM Fundamental good and best Entry for Long term Holding

v_perfect

excellent set up

ctrunz25

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.

lauralea

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...

PennantTrading

Considering an entry

lauralea

I have posted PHM earlier but a rising wedge has taken form Rising wedges are usually bearish PHM has fallen from the bottom trendline of the RW, and hopefully the handle low will catch it Not a recommendation Neutral until fall complete MDC and KBH, LEN, DHI and MTH all have their own RWs they are falling from (I hate RWs) LOL There for a while it seemed...

lauralea Updated 

Home Builders arestill on the move Possible T2 77.6 PHM broke from an A Triangle at 48.35. After a break up from an A triangle, the top trendline can serve as support. The handle low as well as mid cup are also support levels There is also a small gap up at the handle low that makes the handle low a strong support level for PHM No rising wedges noted NV is high...

Melon_Trades

First target hit, now I expect cont runup into earnings.

NgBinhMinh

PHM confirm the "Symmetrical triangle" pattern, the price of this bull cycle target is $60 . PHM buy : $48 PHM target : $60 Stop loss : 6% Wish you a good deal!

Melon_Trades

Clear Skies Ahead.

lauralea

No rising wedges noted Strong S from upper trendline of A triangle at 40ish Correction/Old high is at 48.23 to chart Old R at 48.23 not at 52ish Not a recommendation