SteveEnnom

Uptrend on $NVR

Long
NYSE:NVR   NVR, Inc.
After some interesting Q1 results discosed on April the 19th, with EPS and net margin topping analysts' forecasts, the stock is now continuing in its uptrend with a trailing support netting higher and higher lows.

RSI on the 4h chart shows an overbought situation but the distance of price to the support line is currently of 16724bps, roughly a 5,7% margin.

***As usual, not a trading advice, merely my idea for informational and educational purposes***

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