$DHI Possible head and shoulder patternNYSE:DHI possible head and shoulder pattern forming. Watch $140 area for confirmation. Invalidates if the price travel above $157. by PaperBozz111
Homebuilders are Heavily OverboughtOpened a credit spread on DHI yesterday, expect to hold this at least until the next FED meeting if not through earnings. Sold - $150 Feb16 Call Bought - $160 Feb16 Call Taking in ~$400/contract in premium on this trade.Shortby dmeacham12Updated 220
$DHI Supercycle Nearing CompletionThe stock is expected to complete its final move to Wave 5 of (V) before undergoing a significant correction, constituting a substantial correction in my view. My extended target for the upward trend is $143, with plans to consider short positions thereafter. The recent upward movement appears to be forming a rising wedge, adding to the overall wedgy appearance. The RSI shows a substantial bearish divergence since the completion of Wave III, signaling that Wave V is still underway. While the situation evolves, my current stance is to maintain a long position.Shortby nomadhedge222
D.R. Horton Holds Triple DigitsHomebuilders like D.R. Horton were some of the top-performing stocks in the first half. Now, after a healthy pullback, traders may look for continuation into yearend. The first pattern on today’s chart is the April 19 close of $101.86. DHI gapped higher the following session and kept climbing for the next three months. The stock then rolled over and fell through this month. It bounced in the same area on October 3 and retested on October 12. Has support been established at the old price level, which is also near triple digits? Second, the nine-day Rate of Change (ROC) has recently turned positive. That may reflect an exhaustion of selling pressure. Third, DHI is under its 200-day simple moving average (SMA) for the first time since November. Some long-term buyers may see value at such a spot. Finally, the current price area represents roughly a 50 percent retracement of the stock’s move in the last 11 months. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation117
DHITagged the July low aka head & shoulders neckline perfectly & reversed today. Is it that easy? I've got the pink line below as the target if it plays out.Shortby Essendy331
DHI approaching meaningful supportD.R Horton Inc. (DHI) presently approaching meaningful support, able to absorb weekly selling pressures. From here, (DHI) can recover and turn higher to channel resistance, eliciting gains of 20-25% over the following 3-5 months. Inversely, a weekly settlement below the shown support would place (DHI) into a sell signal where losses of a similar magnitude would be expected over the same time horizon.by SpecialeAnalysis221
DHI: Ascending Triangle, Confirmed (81.97%)(12/1000)(12/1000) Ascending Triangle for DHI. Confirmed. Possible 82% gains. Pros: 1- Bullish Ascending triangle, Confirmed 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 and climbing 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 but a bit flat 9- ATR is ascending, more volatile 10- Golden cross circled in blue Cons: 1- No additionnal volume at breakout Target price is 197,64$. Again, stay humble, have fun, make money! MAAX!Longby LeLaf2
D.R. Horton ($DHI) LongD.R. Horton, Inc. is a home construction company. Since 2002, the company has been the largest homebuilder by volume in the United States. Someone sold DHI 8/25 105P short and bought 120/130C spreads for 1.25... Same trader, multi-leg bullish strategy. Look for a bounce off the 50 day moving avg on this big cup and handle breakout... I would look into the DHI 8/25 120/130C spread for about 2.15. Target = 130 and payout could be 2-3.5x . HF recently flipped long on DHI according to Jefferies. Earnings later this month...Longby airborne990
Top for homebuilders?I'm sure this is a fairly contrarian idea especially on the day the Fed will probably elect to not have a rate cut for the first time and over a year but isn't that how these markets work usually anyway ie natural gas plummeting after the pipeline from Russia to Europe was destroyed as everyone was piling in to anything natural gas related, so why not. Long-term shorting isn't really a trade for most people and this has implications to go all the way down in the 80 range over the next few years. Basically I'm calling the top and if I had a fundamental thesis behind any of this my first guess would be the supply of housing coming online with the largest population of any generation on its way out which is the baby boomers. Maybe some put options low risk if you can find some cheap out of the money leaps but derivative pricing has been ridiculous so make sure you understand the math Shortby Gamma-Rat110
Developers May Start A Downtrend Or CorrectionOn Friday, all developers closed in red, some experienced a more significant drop than others. DHI and LEN have already fallen below the previous month's high, so they would be my best short candidates. People are not going to be buying houses with mortgage rates through the roof. Multiple researches say the publish believes it is a bad time to buy a house.Shortby OrcChieftain221
DHI - Inverted H&San idea showing inverted H&S could also be called a cup and handle if you disregard the prior left shoulder Bullish above currently Hourly chartby Bixley110
Bullish on D.R. Horton Inc. $DHI A Technical Analysis Trade D.R. Horton Inc. ( NYSE:DHI ) appears to be in a bullish trend with the potential to break past its resistance level at 110.52. The Williams Alligator indicator confirms this bullish sentiment with its "alligator mouth" open, indicating an uptrend. A potential trade idea could be to go long on NYSE:DHI if it breaks above 110.52, with a stop loss at 106.77 to manage risk. Here are some reasons why this trade idea might be worth considering: Strong Market Sector: The housing market sector has been performing well in recent months due to low interest rates and a shortage of inventory, which could provide support for $DHI. Technical Analysis: The Williams Alligator indicator, along with other technical indicators, such as moving averages and MACD, suggest that NYSE:DHI is in a bullish trend. Potential Upside: If NYSE:DHI does break past 110.52, there could be potential for further upside, potentially reaching its next resistance level at around 120.00. Risk Management: The stop loss at 106.77 provides a level of protection for potential losses in case the trade does not go as planned. Diversification: NYSE:DHI may provide diversification for a portfolio that already includes other types of stocks, such as technology or healthcare.Longby Immaculate_Tony7
WAYYYY TOO MANY OOFSAlright, does anyone else feel a BIT toppy here. When I say feel, I mean there's technical signals and there's confluence. Talk to some RE agents maybe... Go look on Zillow, for the profits have indeed been delayed and withering... This might the simplest long term short possible. Shortby rhall6451Updated 110
DHI Bearish IdeaThe Complex Union bearish price structure here is valid where I anticipate the red bearish pattern to fractal and become a left wing on a larger bearish pattern. I was alerted to this chart by another trader and it is a great sell signal with my system. Shortby Divi2
DHI Approaching Short ZoneOn the weekly time frame, DHI is nearly at a short zone with a 3:1 reward/risk as pictured. Fundamentally, there is no reason for homebuilders to be rallying with home values crashing in the new home industry. I'll be spreading entry orders for shorts across the red zone.Shortby MicDrop51
DHI 9/22/2022DHI Daily chart analysis DHI is currently in a downtrend under the 200 ema After reaching low of 60.00, pulled back and broke above resistance level at 76.00 The breakout is deemed a failed breakout after price falls back below 76.00 Price has the followed by making a series of lower lows creating a downtrend line Price is currently at resistance from down trendline, an area of value. This is my cue to enter trade short. Entry: 71.28 Stop loss: 78.39 Target: 60.18, +15.57%, 1.56 RR ratio Shortby rudchartsUpdated 440
$DHI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DHI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%. Longby EPSMomentum1
$DHI$DHI is looking good in $XHB index. Weekly chart Once the marked resistance is broken out with volume and other parameters like elliott oscillator turning green CCi green and Stochastic bar on top. I will buyLongby RiderTrader1
$DHI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DHI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%. Longby EPSMomentum0
Possible Retracement in Homebuilder SectorHomebuilder stocks like D.R. Horton and NYSE:TOL have retraced about 5% yesterday, right at the long-term resistance level. NYSE:PHM This seems to coincide with the US 10-year yield rebounding aggressively from the low of 2.51% to 2.751%. We are also seeing a sharp decline in building permits, with a double top forming. There's a sharp decline in median new home sales price as well All of these are pointing toward a potential decline in the housing market that has been running rampant since 2020. While Homebuilder stocks have declined greatly YTD, the recent rally in the last month may provide us with a new shorting opportunity. Please do your own due diligence. We hold no short position in this sector currently. We may or may not in the future.Shortby NimbusCapital0
DHI Looking For A Severe Drop In This Name Along With Home PriceTitle says it all we are now short this name from $75 we'll see how it goes - not advice do your own DDShortby NewYork8881
DHIIn weekly supply zone. Earnings Thursday. Looking for continuation lower if below $77.Shortby Essendy0
DHI to COVID LOW OF 25???????With the housing market already starting to cool off new home builders will feel the most of the blunt kick in the pants the rise of interest raise has to offer. DHI operates as a homebuilder and mortgage financer across the United States. While they have been raking in cash on the recent real estate market this is coming to an end rapidly and we are on the verge of a great reset in all sectors but real estate presents a ripe short opportunity. I have gotten into leap put spreads for 2024 in DHI with the target price being the covid Low of $25. This company will not be able to sustain in the current macro environment we have upon us and I think puts for The Q3 and Q4 earnings release are a must buy given the current decline in sales. NYSE:DHI NYSE:DHIShortby MAKECRACKGREATAGAINUpdated 220