$BLDR small C&H buildingNYSE:BLDR is building a small C&H on the hourly chart, following a good run with higher lows, followed on a better than expected earnings. Looking to enter if market allows me. Longby MrLowStep2
BLDR on a consistent trend higherBLDR is part of the construction industry and has had consistent gains over YTD in the range of 95 % with favorable beats on earnings estimates and increases in revenue. Volume has been rising in the past month. In the past when BLDR pulled back to the blue SMA100 line it then reversed quite well and resumed its move higher. At present, BLDR is on a pullback which provides an opportunity for a long entry at the current price where the SMA20 SMA50 and SMA 100 are converged. I will take a long trade here as I see BLDR to be consistent in its move up and setup for entry with a pullback.Longby AwesomeAvani444
BLDR (Long) - lovely chart, lovely fundamentalsFundamentals Builders FirstSource is in a robust financial situation and very cheaply valued (P/E = 4.6, P/S = 0.6) Since the start of 2011, its revenue has tripled and earnings grew by almost 900%! Even last year when the market was puking, its earning grew by 60% Their profitability is also good with ROE = 55.4% (Industry = 17.9%) and net profit margins at 12.5% The stock is very much tied to the housing sector (which is also the main caveat), so if the housing market were to absolutely fall off the cliff (which is not completely unlikely), the stock would suffer. However, estimates already show BLDR's earnings falling in the next two years (meaning they have already been priced) and the stock is still rising, suggesting a lot of internal strength Additionally, the managers announced a share buyback program and we might see them buying 10% of the public shares by the end of 2023, which would serve as a strong tailwind for the stock price However, be mindful of the housing market (I suggest watching the chart of house builders - ticker: XHB) Technicals Technicals look like from a textbook On a weekly we can see a massive rounding base , suggesting a long-term accumulation; the break was not the cleanest, but the price action of the last few days suggest a follow-through in price Relative strength to the overall industry is also pretty impressive and the stock clearly outperforms the rest of its industry Trade The stock has gone a bit further from the breakout point , but it pulled back today and it is yet not too far as for it to be unprofitable to enter As a stop-loss , I would use the most recent low on a daily The stock seems very suitable for a short-term trade as well as a longer term investment As i mentioned before, be mindful of the housing market and commodity prices (lumber, copper etc.). The stock is correlated to both Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation , it motivates me to keep producing ideas, thank you :)Longby jurajholik110
$BDLR, Builders FirstSource , 72.5 cross bullish signalManagement has been aggressively buying back shares Strong return over the last three months Cash flows can sufficiently cover interest payments Prominent player in the Building Products industryby SANMARTIN_M1
$BLDR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BLDR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 81.82%. Longby EPSMomentum332
BLDR GOING LONGBLDR has pulled back to the 163/164 mark. The last two time it did this it bounced back and hit the 72-75 range and relatively quick. The MACD has it in a downtrend for now but I think if you can get this stock @ the 60-63 range you will be in great shape for a decent return in a few months. RSI has it on the oversold side slightly, the PE ratio is also at a 7.61 which is pretty decent value for the stock. My 1 year prediction is that this stock will hit $100. I would watch out for this stock to see how much it pulls back, its under the 50/100/200 MA as far as looking at a 1 day candle stick chart. so its defiantly in a down trend. Also for options traders this stock has low premiums for its price. April 14th is the next exp. date. Good luck to all traders out there all comments are welcome! Thanks, ATXLongby ATX201420203
17/3/2022 NYSE BLDRDesicion to Buy. Entry Price = $75.35. Target Price=$78.74. Stop Price=$71.96Longby Airecap_SuperUpdated 0
Ready for Mark UpNice Accumulation, expect markup from here. Targets 76, 83, 86. Should see straight up next few days. Not advice or whateverLongby JabezDolz332
23/3/2022 NYSE (BLDR)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $76.57 Target Price: $77.97 Stop Loss: $74.16Longby Airecap_HyperUpdated 0
Builders FirstSource (BLDR) - Long Cup & HandleDead money since November 2021. Now ready to move as cup and handle formation develops? Pivot = $79.14. This is the level which it must clear and hold. Stop = $72.63 Target: $94.24 Also above daily and quarterly pivot. Longby LD_Perspectives1
11/3/2022 NYSE BLDRDesicion to Buy. Entry Price = $75.05. Target Price=$78.05. Stop Price=$72.05Longby Airecap_SuperUpdated 0
2/21/22 BLDRBuilders FirstSource, Inc. ( NYSE:BLDR ) Sector: Producer Manufacturing (Building Products) Market Capitalization: $13.734B Current Price: $71.72 Breakdown price: $67.00 Sell Zone (Top/Bottom Range): $68.50-$73.00 Price Target: $64.20-63.00 (2nd), $56.00-$54.40 (3rd) Estimated Duration to Target: 27-29d (2nd), 60-63d (3rd) Contract of Interest: $BLDR 3/18/22 70p, 5/20/22 70p Trade price as of publish date: $3.40/contract, $6.30/contractShortby lord_catnip2
Builders FirstSource Announces Authorization of New $1 Billion SBLDR: Builders FirstSource, Inc. 2022-02-18 07:00:00 Builders FirstSource Announces Authorization of New $1 Billion Stock Repurchase PlanLongby JetEquities1
Bullish moveHigh Tight Flag Entry on break of consolidation Risk 5% Reward 20% This is not financial advise. Please use proper risk management.Longby Aaron_AbrahamUpdated 1
Merchants Bancorp Announces Renewal of Stock Repurchase Program!MBIN: Merchants Bancorp 2021-11-17 16:00:00 Merchants Bancorp Announces Renewal of Stock Repurchase Program Longby JetEquities0
11/7/21 BLDRBuilders FirstSource, Inc. ( NYSE:BLDR ) Sector: Producer Manufacturing (Building Products) Current Price: $67.28 Breakout price trigger: $63.00 (hold above) Buy Zone (Top/Bottom Range): $64.75-$59.20 Price Target: $78.00-$80.00 (1st) Estimated Duration to Target: 67-70d (1st) Contract of Interest: $BLDR 1/21/70 70c Trade price as of publish date: $3.20/contract Longby lord_catnip2
BLDR looking to move higher* Excellent earnings quarter over quarter * Strong up trend * Broke out of a 5 month consolidation * Currently has 45.84% more volume than average * Created a cup and handle pattern * Probable 34.84% ROILongby HaseebKhan_90Updated 3
BLDR Cup with Handle BreakoutBLDR has had a recent breakdown from a Cup with handle pattern. I've had this stock in my portfolio, but will look at adding to it. by Benam19a0
BLDR Cup and HandleVolume increased around the $51-52 price range and could go to $56.31. Also click on the Like Button if this was useful and follow/join me.by dwa4949222
BLDR - LongI believe we are about to see a Cup & Handle formation here. RSI is high (overbought) currently, therefore price may price may come back down to the SMA lines. This will result in bringing the RSI back down to an appropriate level. Once the price meets the SMA lines, it will use them as support to continue to rise - completing the Cup & Handle formation. Thereafter, it will be all time highs for $BLDR. Along with strong showings in Earnings last week, the current Real Estate cycle, and many other factors - I believe this stock looks good on the chart & on the paper. Long.Longby bert02941