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RS3175

TMHC's Consolidation Nearing Its End

Long
Taylor Morrison Home Corporation (NYSE:TMHC)  
RS3175 Updated   
NYSE:TMHC   Taylor Morrison Home Corporation
Trend Analysis
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trendanalysis
TMHC is a strong stock. It's getting ready for a breakout from the rectangular formation. Bullish momentum is decreasing according to Squeeze Momentum indicator. Hence, the conclusion is that it will be a breakout rather than a breakdown.
Trade closed: stop reached:
TMHC crashed with the market yesterday. Several more days maybe weeks before it starts turning up.
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