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Seems like its going down. And I wont buy before earning date. Earning day will decide the trend.
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Hi traders its going to break the resistance soon. Its a time to play long but remember quarter earning date is also coming. Good to play for swing trading.
DHI confirm the " Symmetrical triangle " pattern, the price of this bull cycle target is $100.
DHI buy : $78
DHI target : $100
Stop loss : 6%
Wish you a good deal!
D.R. Horton price target raised to $81 from $73 at Barclays
Barclays analyst Matthew Bouley raised the firm's price target on D.R. Horton to $81 from $73 and keeps an Overweight rating on the shares. The analyst lifted price targets for the homebuilders by 7% on average following the Barclays' August/September survey. The survey indicates the housing backdrop has...
$DHI showing strength like all the " housing" related stocks
Bounced from the 50EMA
Closed above the downtrend, above the 20 EMA, 5/10 EMA crossed up yesterday, all this on abive 20MA VolAvg
Long with target $76+
Good luck,
TA
Starting off the week and my publishing of live equities trades with a long position on NYSE:DHI . Looking for it to hold this spike created in the early morning back up to a retest of the recent high range.
I don't think much will unfold before the November Election. Higher second peak is likely from mortgage forbearance (runs out in December) and stimulus after COVID-19 (also ending this month, with most unemployment running out soon after).
DHI confirmed the "bullish triangle" pattern at $ 60 and surpassed the old peak at $ 63, I am ready to buy here.
DHI buy : $62 - $63
DHI target 1 : $72 (Target of the rising triangle) .
DHI target 2 : $87 (Target that old vertex confirms).
Stop loss : 10%
