Very cyclical name and I think this name will thrive more this year. Here are the key reasons:
1. Existing home sales will be huge compared to new home sales
2. Short winter (no snow)
3. If sellers find a good buyer, they will sell even before finding a place to live.
4. Summer break for kids in school
and many more.
Technically: It is ready to break out of inv h&s. Long dated calls (ex: Sept 240s)
1. Existing home sales will be huge compared to new home sales
2. Short winter (no snow)
3. If sellers find a good buyer, they will sell even before finding a place to live.
4. Summer break for kids in school
and many more.
Technically: It is ready to break out of inv h&s. Long dated calls (ex: Sept 240s)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.