MAKECRACKGREATAGAIN

DHI to COVID LOW OF 25???????

Short
NYSE:DHI   D.R. Horton, Inc.
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 $25. This company will not be able to sustain in the current macro environment we have upon us and I think puts for The Q3 and Q4 earnings release are a must buy given the current decline in sales. DHI DHI
Comment:
Dhi is sitting on major support rn and most recently had a weak dead cat bounce off of 64$ im looking for this to break and the floor to cave in very soon.
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