Browse Symbol Stacks: ITB: homebuilderbreakdownapr3.jpg (1572×726)

homebuilderbreakdownapr3.jpg (1572×726)

Homebuilders breakdown from multi-year bearish rising wedge pattern-

Comments

Market SniperMarket Sniper
That was a "dead cat" bounce as is the so-called real estate "recovery. There is a very good reason I am moving my equity out of single family rentals into apartment buildings at this time. Rather be a bit early than a bit late. 4/8/13
ryans2u - Batting 16.34% in 2014ryans2u - Batting 16.34% in 2014
That should also require more economic stimulus. Again....bullish. 4/8/13
FLguyFLguy
unfortunately that's the most minor of support....gonna need a lot more where that came from for this sucker to look even remotely bearish. 4/8/13
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