The homebuilder has healthy books and took a large hit from the coronavirus. The company has taken a freefall from $28 a share to $6 a share, where we saw a bottom. The long play here relies heavily on the scale the company has in the U.S consumer durables segment. The company is trading at a discount when compared with peers, and still has double-digit earnings...
HIGHER LOW OFF OF HISTORICAL SUPPORT SHOWING BULLISH DIVERGENCE ON BOTH OSCILLATORS. PRETTY LOW RISK ENTRY HERE.
Might be a value opportunity for those who like this kind of trade where it has probably oversold on earnings announcement. Taylor Morrison Home Corporation (Taylor Morrison) is a home building and land developing company. It builds and sells single-family detached and attached homes. It operates under the Taylor Morrison and Darling Homes brand names. It also...
$TMHC at the PCZ pattern completion zone (D) short entry target at earnings. This coincides with 3x bearish divergence on the macd
1) TMHC at a strong weekly support - double bottom 2) sma200 on the weekly time frame also acting as a strong support 3) Oscillators oversold Entering long now will give you good R-to-R.