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Is PHM positioned for a breakdown? Fell Below 50 Day Moving Average shows up after sliding 2.3%
On Thursday, August 20th, PHM moved down 2.3% while volume was to 0.9× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 126.25, 124.81 & 123.6, with resistance at 128.9, 130.11 & 131.55.
Current SwingTradeBot Technical Rating of PHM: B
Don’t miss other key signals PHM triggered—view them now on SwingTradeBot.com.
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