PULTE GROUP (PHM), THIS DUDE GIVES AWAY LOTS OF MONEY
Updated
You can follow the ceo on twitter.
He often has live streams where he obviously talks about his company among other things.
He also gives away a lot of money. It seems he genuinely cares and enjoys giving away money. It seems partly for his image, but imo, he created a win/win. With the amount of money he has given away, he's earned some good publicity.
(I've never received money as a disclaimer, I mention this because a lot of his twitter feed is about giving)
He talks about GME and BBBY often.
Flys a chopper.
Won't give me a ride.
For his stock.
Honestly, he seems awesome, but his stock is getting to the scary zone.
Now, I say this because even though it is a scary zone, there is a lot of potential upside momentum can carry the price to.
So, earnings on the 23th is important to note.
It will likely have an effect on price. I assume from the looks of things, price might see a decent upside movement to 125-145 range and then see a significant downside before recovery.
I think I labeled most of the important things on the chart.
He often has live streams where he obviously talks about his company among other things.
He also gives away a lot of money. It seems he genuinely cares and enjoys giving away money. It seems partly for his image, but imo, he created a win/win. With the amount of money he has given away, he's earned some good publicity.
(I've never received money as a disclaimer, I mention this because a lot of his twitter feed is about giving)
He talks about GME and BBBY often.
Flys a chopper.
Won't give me a ride.
For his stock.
Honestly, he seems awesome, but his stock is getting to the scary zone.
Now, I say this because even though it is a scary zone, there is a lot of potential upside momentum can carry the price to.
So, earnings on the 23th is important to note.
It will likely have an effect on price. I assume from the looks of things, price might see a decent upside movement to 125-145 range and then see a significant downside before recovery.
I think I labeled most of the important things on the chart.
Comment
careful as we push into this rejection trend as we head into earnings. A breakout could take it up to 145 and a rejection could take it down to 70. hard to say atm, but our trade on this stock started around $73, so we're at a decent profit and there is no shame closing a trade and being patient to see what happens.Comment
Comment
Friday's closing price may have put price action to the 125 mark, but ultimately, I still see it heading down similar to the picture once the upside stops.Comment
I wonder how IEP is doing these days.Comment
Market is up and down so when I say I still favor the downside, I mean it in a sense that we see the gaps close before we see the 145+ numbers.This is technically a support area, but also we are under trend and just above a much strong trend, which is above an even stronger support trend. So, I do fully expect it to catch a bounce at some point. When? idk.
Comment
updated chart, adjusted numbers, cut down to only relevant trends, these trends are so major, expect to see movement directly from them. I'm currently seeing bull into earnings and maybe one big impulse, which can then see some retracement.
good luck
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Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
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