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Is DHI gaining bearish strength? Fell Below 50 Day Moving Average shows up after dropping 2.98%
On Thursday, August 20th, DHI moved down 2.98% 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 145.84, 144.35 & 142.2, with resistance at 149.47, 151.62 & 153.11.
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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