Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Global Chart Analysis Gives The Housing Sector A Strong Buy Rating- BZH, NVR, MDC, SPF, DHI, NVR, HOV

|Includes:Beazer Homes USA, Inc. (BZH), CAA, DHI, HOV, MDC, NVR

To Read This Entire Report With Charts Click Here.

We are initiating a strong buy on the housing sector. We are seeing several signs of bottoming action and favor the following stocks: BZH, NVR, MDC, SPF, DHI, NVR and HOV.

HOV

DHI

SPF

MDC

NVR

BZH

We have seen some solid technical indications of a bottom  including favorable action around support and resistance levels, volume patterns and other price action.

Thanks,

www.globalchartanalysis.com


Stocks: BZH, NVR, MDC, CAA, DHI, HOV