KB HomeShort
RECESSION ALERT - Homebuilders WAY Overbought | SHORT $KBH
Leverage. It's a beautiful thing.
There is not much to say about this one, the chart speaks for itself.
Brief Disclaimer: this chart has evaded me - I personally think it should have corrected awhile ago (see grey arrows). Nonetheless, I never bought it... WHY?:
The economy is now well into a recession (has been for at least a year). For whatever reason this thing was bought into the stratosphere.
Now comes profit-taking and the COLLAPSE! This baby is going DEEP!
Thank you for playing.
💀💀💀
There is not much to say about this one, the chart speaks for itself.
Brief Disclaimer: this chart has evaded me - I personally think it should have corrected awhile ago (see grey arrows). Nonetheless, I never bought it... WHY?:
The economy is now well into a recession (has been for at least a year). For whatever reason this thing was bought into the stratosphere.
Now comes profit-taking and the COLLAPSE! This baby is going DEEP!
Thank you for playing.
💀💀💀
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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.
Related publications
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.