D.R. Horton, Inc. Announces New $1.0 Billion Stock Repurchase AuDHI: D.R. Horton, Inc.
2021-04-21 16:05:00
D.R. Horton, Inc. Announces New $1.0 Billion Stock Repurchase Authorization
DHI trade ideas
$DHI LT Bull Flag Breakout - Unusual Options Activity$DHI D.R. Horton, Inc. - Long Term Bull Flag Breakout & Retest
Unusual Options Activity
10k August $77.50 calls bought today for $9.4M (81x open interest)
Medium term target: $100-$110 range by August
Note - This is NOT investment advice.
DHI investing ideaHello everyone, today I want to tell you about D. R. Horton company.
Their business is building houses for families. They act in US in the 90 markets in 29 states.
Reasons for investing are next:
Falling inventories (in 2 times), they pay all taxes and their results are growning for last 5 years. Even with COVID-19 influence, they have good performance. Financial statement of the company is confirmed by independend audit. Their financial results are fine in comparison to housbuilding industry.
DR Horton Is Bouncing After a PullbackHomebuilders have struggled lately as interest rates rose, but the longer-term prospects remain favorable. Today’s chart considers the pullback in DR Horton, the biggest name in the space.
DHI hit a new all-time high of $84.41 on February 11 and pulled back. It’s now bouncing, which may create opportunities for buyers.
Notice the high basing pattern between about $65 and $80. This consolidation was important because it established new support above the previous high from February 2020.
Second is the downward-sloping trend line running from mid-October through mid-January. DHI broke that resistance last month and has remained above it since.
Next, DHI consolidated between $75 and $78 January 28-February 4. It successfully retested that zone this week and is now bouncing.
Finally, sellers tried to push the homebuilder lower today but were quickly rejected. Prices soon eclipsed Tuesday’s high, resulting in a bullish outside day.
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DHI Break of Structure SetupAfter closing above range and previously breaking out of descending wedge, price is setting up to continue higher. Risk managed setup as always, if entry is missed then wait for pullback!
DHI Good Fundamental and Best Entry pointDHI Good Fundamental and Best Entry point For Long term Holding
$DHI with a slight bullish outlook after its earnings #BeststockThe PEAD projected a slight bullish outlook for #DHI after a positive over reaction following its earnings release placing the stock in Drift B
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the b[AI]te's weekly insights -- DHI 2021-01-25center stage attention
stock
our system found that NYSE:DHI received most attention over the course of last week.
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we see a weak negative correlation with our image indicator. We therefore assume that prices are driven by facts rather than emotions and reflect an accurate picture of the companies current state of affairs.
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$DHIEntry price : 71.01
Fundamentals :
- Sector: Building
- EPS % Chg (Last Qtr): 63%
- EPS % Chg (Previous Qtr): 29%
- 3 Year EPS Growth Rate: 25%
- EPS Est % Chg (Current Yr): 28%
- Sales % Chg (Last Qtr): 27%
- Sales % Chg (Previous Qtr): 10%
- 3-Year Sales Growth Rate: 11%
- Annual Pre -Tax Margin: 14.7%
DR HORTON - when to buy?It is a good company with good economic performance. May be considered for investment. However, technically, a head and shoulders pattern is forming on the chart along with RSI divergence. Therefore, for purchases, it is better to consider the lower price zones of the zones around 55 and 45, which are indicated on the chart
$DHI with a neutral outlook after earnings release$DHI is projected with a neutral outlook after a positive under reaction following its earning release with PEAD placing the stock in Drift A with the price currently trading above the median line close to the upper boundary of the projected PEAD cone.
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V Cup and HandleDHI did well on earnings
V cup low is 25.51 and mid v cup is 44.03
Home builders seemed to be in a slump for a while but maybe coming back after DHI beat earnings
Some place a stop below Mid V or the most recent pivot low
DHI fell from a bearish rising wedge several weeks ago but appears to have recovered
Just an observation
Possible Long term targets are 109.4 to 122
Seems like its going down morewww.tradingview.com
Seems like its going down. And I wont buy before earning date. Earning day will decide the trend.
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Time to play swing!
Hi traders its going to break the resistance soon. Its a time to play long but remember quarter earning date is also coming. Good to play for swing trading.
Housing Stocks Flatten after a Spike in Interest RatesWhen the 10-year note Index makes a quick jump, DHI and other Homebuilder stocks tend to move sideways.
DHI BUY OR LONG , TARGET UP TO $100DHI confirm the " Symmetrical triangle " pattern, the price of this bull cycle target is $100.
DHI buy : $78
DHI target : $100
Stop loss : 6%
Wish you a good deal!
