Sunday, August 11, 2013

Home Builders Need To Rebuild

After an impressive run, the home builders have retreated and they have retraced to possible key support levels. If these support levels failed to hold, then look for further retracement from these stocks.

DHI: (click on the chart for a larger view)



KBH:



LEN:



PHM:



SPF:



TOL:



Disclosure: No position.


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