NAIL on a 14 minute chart tested the support at the rising trendline confluent with the mean anchored VWAP and has bounced and crossed over the latter. Relative strength lines are crossing over the 50 level and the relative volume is showing a gradual rise. This is the beginning of homebuilding season after all. Mortgage rates might be getting a cut. I will...
BLDR is part of the construction industry and has had consistent gains over YTD in the range of 95 % with favorable beats on earnings estimates and increases in revenue. Volume has been rising in the past month. In the past when BLDR pulled back to the blue SMA100 line it then reversed quite well and resumed its move higher. At present, BLDR is on a pullback...
Nice Accumulation, expect markup from here. Targets 76, 83, 86. Should see straight up next few days. Not advice or whatever
Builders FirstSource, Inc. ( NYSE:BLDR ) Sector: Producer Manufacturing (Building Products) Market Capitalization: $13.734B Current Price: $71.72 Breakdown price: $67.00 Sell Zone (Top/Bottom Range): $68.50-$73.00 Price Target: $64.20-63.00 (2nd), $56.00-$54.40 (3rd) Estimated Duration to Target: 27-29d (2nd), 60-63d (3rd) Contract of Interest: $BLDR 3/18/22...
Builders FirstSource, Inc. ( NYSE:BLDR ) Sector: Producer Manufacturing (Building Products) Current Price: $67.28 Breakout price trigger: $63.00 (hold above) Buy Zone (Top/Bottom Range): $64.75-$59.20 Price Target: $78.00-$80.00 (1st) Estimated Duration to Target: 67-70d (1st) Contract of Interest: $BLDR 1/21/70 70c Trade price as of publish date: $3.20/contract
$Bldr, This stock is fundamentally strong and by volume we can see that there is interest form big players in the stock. Stock is trading at it's all time high and only potential we see in this stock is that the stock should rally up in price, worth putting this stock in your watchlist. Volume need to be highly considered as we enter the at any certain point we...
BLDR has been riding this upwards channel for some time now. Within the last week, we've now jumped into our pre-covid channel as well. I believe a short pullback to 28.50 would be healthy before a breakthrough to ATH.
Here I am identifying a pretty clean ascending triangle pattern on the weekly timeframe. This pattern usually continues upward about 70% of the time. I have an idea to buy some shares around 25.5 with a target exit of around 27. Stop loss would be 25.0.
BLDR was in our watch list from quite a while & now it seems getting ready for a decline. It seems breaking down from a double top formation, retested & now rolling over ahead of earnings. Moneyflow is dropped. It also has good insider selling, and weak financial ratios. We think it has good chance of Decline with the earnings, which is after market today. We...
BLDR was in our watch list for last few weeks, and now it seems forming double top with moneyflow divergence. Could be breaking down here. We think it has good downside potential. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Double top formation Entry Target Criteria- Break of $15.37 Exit Target Criteria- 1st Target $14.17, 2nd Target...
BLDR seems forming a H&S in short term & in long term it is running within a upward channel. It has high price/ Free cash, high Debt to Equity ratio & lots of insider selling. Overall looks a good short setup. * Trade Criteria * Date First Found- June 21, 2017 Pattern/Why- H&S in short term & Upward channel in weekly Entry Target Criteria- Waiting for...
BLDR looking constructive along with other builders.