D.r. Horton, Inc. (dhi) Set To Move To Higher Ground?

Discussion in 'Investment Charts' started by Chartman, Jun 9, 2018.

  1. Chartman

    Chartman Senior Investor

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  2. Buyonthedips

    Buyonthedips Senior Investor

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    Oops, looks like this one was called wrong in the short term. Support at $40 and resistance at $42, is the price due a period of consolidation?
     
  3. Chartman

    Chartman Senior Investor

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    Creeping back for a go at the next resistance level?

    Called it wrong in June but moving averages seem to be moving in the right direction.
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    In general an improvement in housebuilders can often indicate expectations of improved economic performance? Might be worth looking at some of the smaller housebuilders which have been oversold recently?
     
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