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Is DHI primed for upward momentum? Crossed Above 20 Day Moving Average shows up after rising 3.4%
On Friday, August 7th, DHI moved up 3.4% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 147.66, 144.33 & 142.49, with resistance at 152.83, 154.67 & 158.0.
Current SwingTradeBot Technical Rating of DHI: C
Today’s move could mean more—check all the signals for DHI on SwingTradeBot.
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