Negative weekly candle on $DHI coupled with negative divergence. #STOCKS #OPTIONS #FUTURES #DOWJONES #BITCOIN #BONDS #HARMONIC #DIVERGENCE #BULLISH #BEARISH #OIL #DOLLAR #GOLD #SILVER #COPPER #TLT $SPX $SPY $DJIA $DIA $RUT $NDX $ES_F $NQ_F $CL_F #BZ_F #NG_F $SI_F #GC_F #HG_F #6A_F #6B_F #6E_F #6N_F $USD $GBP $EUR $CAD $AUD
$DHI is due breakout from the triangle. I am thinking this is possible as early as next week if Market Conditions are favorable. Earnings is on 07/27 and may be that is a Trigger given the season of remodeling / hurricanes etc
Might try to touch purple, but ether way its touching light blue and possibly breaking through.
Get your trades in she is crashing.
We can see hidden and doble bottom cahrt with MACD divergence.
This stock has formed a cup over last 11 months, handle over past 1 month, and broken out about 5% from top of cup since then. Showed a breakout on some news last week and if pattern holds it could go another 20% over next month or so???
Formed a huge cup over period of year, formed handle over period of month, brokeout recently and could be poised to run!
Stock brokeout after months of consolidation, could wait for pullback over next week then buy