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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.
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We are upbeat on housing sector also. We did an analytical analsyt on the market trend and found that housing sector will outperform the rest of the market. We are strong bulls and see double digits coming on home builders. Our favorites are TOL,HOV,SPF,PHM,LEN .We have $8.00--$12.50 targets on Hov and Spf, and maintain a $12.50 target on Phm. these are short term price targets with no ceiling as of now.
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Global Chart Analysis Gives The Housing Sector A Strong Buy Rating- BZH, NVR, MDC, SPF, DHI, NVR, HOV 1 comment
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
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NVDA is still running and up 36% from our Oct 13 entry point. Could hit $18 area but will most likely take a breather there
Dec 7, 2010
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Liking our DIN setup from this morning. Will look to lock in a quick 2 points on 1/2 positions and move our stops to breakeven to let it run
Dec 7, 2010
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