More downside is needed for small capsDon't be fooled by the 4.6% gain on Mar 28 (last trading day of March). Unless it is followed by another day of further upside, I believe that it would need to go down more to finish the WXY correction. The same pattern with the IWM and other small caps.Shortby TraderBwater0
Momentum Stock - M/I HomesM/I Homes, Inc . is a leading US-based home construction company that offers comprehensive homebuying experiences, including financing. Its long-standing market presence, consistent growth, robust financial performance, and commitment to sustainable practices make it a compelling option for investors seeking stability and long-term value creation. In terms of any kind of short term entry, I would want to wait for a pullback with an indication of the uptrend continuing in order to get better value. For risk management, a trailing stop loss of around 16% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed. As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot stocks you might be interested in and can add to your watch list and perform further research on and or discuss with your broker. Again. Not trading advice . Industries and companies change. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch. by zAngusUpdated 7
M/I Homes Announces $100 million Increase to Share Repurchase AuMHO: M/I Homes, Inc. 2022-02-17 16:00:00 M/I Homes Announces $100 million Increase to Share Repurchase AuthorizationLongby JetEquities0
[TRADE IDEA] MHO STOCK BULLISH- Break of Market structure - Low volume on retrace - Bullish orderblock for entryLongby maximteo0
V BottomV bottoms do have a true handle but there is a channel of support that has formed.. V bottoms come down in an almost straight channel as a rule and go back up the same way, without a lot of pauses...The trend back up is almost a mirror of the trend down. Price drops at an almost 45 degree angle. There is also a V top. When dealing with a V bottom, price forms almost an island bottom in a short amount of time, sometimes just one candle tail. It is not U shaped like a cup and handle. It is good to check the rest of the industry the stock trades in to see how the other folks are doing. MHO had large effective volume and a pocket pivot yesterday. Best to pick an entry that works for you. Large players remind me of government, they are often buying with money that does not belong to them (o: Not a recommendation/research is important.. Longby lauralea1
$MHOEntry price : 44.90 Fundamentals : - Sector: Building - EPS % Chg (Last Qtr): 90% - 3 Year EPS Growth Rate: 32% - EPS Est % Chg (Current Yr): 71% - Sales % Chg (Last Qtr): 30% - 3-Year Sales Growth Rate: 14% - Annual Pre -Tax Margin: 6.9% Technicals : Hammer/Support Longby paulopicaocapeloUpdated 0
MHO - abive resistancesimple trade go long on MHO after breaking above resistance and testing the level that acted as supportLongby A_Swissa3