DR HORTON INC. Stock Code DHI.NYS
Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is below price of 26 days ago and is inside the cloud. MACD is bullish and is hinting at a bullish price trend. We think price is likely to move higher to the next price resistance at $85.85 in the next 2-3 weeks.
$85.85 Price Target
$70.30 Risk Management Stop
3 weeks Trade Duration