DHI is up today after housing news came out from US. There were sold 504k of nev homes compare to 442k expectatoins. Very strong upbeat. DHI was hovering around 8/21 EMA and above all key long term moving averages.
It triggered long entry when price broke and closed above $23.25 resistance one month ago.
Break above $24.80-$25 resistance area could attract more buying.
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Check my idea in the link below
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It triggered long entry when price broke and closed above $23.25 resistance one month ago.
Break above $24.80-$25 resistance area could attract more buying.
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Check my idea in the link below
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