Economic Data coming out next week for new home builds and sales. I believe these numbers will be very week which should push those housing sensitive names lower. I believe this stock is a prime candidate for a major drop as we are seeing the price come up to test that 50 day moving average.
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.