Home builders MHO and PHM looking bullish
MHO was added back in February for this bullish weekly chart, per NFTRH’s Stocks of Interest segment. it’s tacked on 15% so far.
PHM was added last week for this daily chart (it’s weekly is pretty similar to the above as well). So far it’s at 9%, a good start. Needs follow-through.
It’s not a group I have traded much in the past because I am not fundamentally astute with the Home Builders (plus I hate the kind of homes these big corporations produce), but a chart is a chart and sometimes they speak to the man staring at them.
As a side note, maybe you get the featured pic above. Or maybe not.
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