User: Violet: Financial: slopechart_NVR.jpg

slopechart_NVR.jpg

High-flying NVR. 
Watching to see when it might turn back down. As a homebuilder and mortgage banker, the near-term future doesn't seem strong. 
It may not get past next resistance at 4484.55.

Image added via SlopeCharts
slopechart_NVR.jpg

Comments

VioletViolet
Poked above the Cloud on Friday. 7/10/22
Mr. WizardMr. Wizard
When the homebuilders are in trouble, they'll do a lot of stuff to encourage buyers - free basement finishing, extra rooms, upgrades, better terms on financing. 
Wish I was closer to that market so I could see what the incentives were. 7/10/22
Mr. WizardMr. Wizard
TOLL looks very similar. 7/10/22
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