When the Price of (DHI) Talks, People Listen

November 29, 2024, 20:32 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DHI

• Buy DHI near 160.86 target 179.48 stop loss @ 160.4 Details

The technical summary data tells us to buy DHI near 160.86 with an upside target of 179.48. This data also tells us to set a stop loss @ 160.4 to protect against excessive loss in case the stock begins to move against the trade. 160.86 is the first level of support below 168.78 , and by rule, any test of support is a buy signal. In this case, support 160.86 would be being tested, so a buy signal would exist.

• Short DHI slightly under 179.48, target 160.86, stop loss @ 180 Details

The technical summary data is suggesting a short of DHI as it gets near 179.48 with a downside target of 160.86. We should have a stop loss in place at 180though. 179.48 is the first level of resistance above 168.78, and by rule, any test of resistance is a short signal. In this case, if resistance 179.48 is being tested, so a short signal would exist.

Swing Trading Plans for DHI

• Buy DHI slightly over 172.2, target 179.48, Stop Loss @ 171.7 Details

If 172.2 begins to break higher, the technical summary data tells us to buy DHI just slightly over 172.2, with an upside target of 179.48. The data also tells us to set a stop loss @ 171.7 in case the stock turns against the trade. 172.2 is the first level of resistance above 168.78, and by rule, any break above resistance is a buy signal. In this case, 172.2, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DHI slightly near 172.2, target 165.86, Stop Loss @ 172.7. Details

The technical summary data is suggesting a short of DHI if it tests 172.2 with a downside target of 165.86. We should have a stop loss in place at 172.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 172.2, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DHI

• Buy DHI slightly over 172.2, target 175.32, Stop Loss @ 171.8 Details

If 172.2 begins to break higher, the technical summary data tells us to buy DHI just slightly over 172.2, with an upside target of 175.32. The data also tells us to set a stop loss @ 171.8 in case the stock turns against the trade. 172.2 is the first level of resistance above 168.78, and by rule, any break above resistance is a buy signal. In this case, 172.2, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DHI slightly near 172.2, target 168.54, Stop Loss @ 172.6. Details

The technical summary data is suggesting a short of DHI if it tests 172.2 with a downside target of 168.54. We should have a stop loss in place at 172.6 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 172.2, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for D.r. Horton Inc. (DHI) available here: DHI.

DHI Ratings for November 29:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	160.86
P2	168.54	165.86	179.48
P3	175.32	172.2	197.77

AI Generated Signals for DHI

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of D.r. Horton Inc. (NYSE: DHI) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for DHI can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.