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July 11, 2021, 1:18 p.m. EDT

Dr Horton DHI Technical Analysis

Jul 11, 2021 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Dr Horton (NYS:DHI) with integrated risk controls.

The trading plans were valid at the time this was published, but the support and resistance levels for DHI change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Use the basic rules of Technical Analysis. Here are some examples: if DHI is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for DHI too. All of these are offered here: Access our Real Time Trading Plans

  • Buy DHI over 85.84 target 94.13 stop loss @ 85.59

  • Short DHI under 94.13, target 85.84, stop loss @ 94.4

  • Buy DHI over 89.72, target 92.43, Stop Loss @ 89.46

  • Short DHI near 89.72, target 85.84, Stop Loss @ 89.98.

  • Buy DHI over 89.72, target 90.73, Stop Loss @ 89.51

  • Short DHI near 89.72, target 88.43, Stop Loss @ 89.93.

DHI Technical Summary | Raw Data for the Trading Plans

Bias Strong Neutral Strong
P1 0 0 85.84
P2 88.43 89.72 94.13
P3 90.73 92.43 102.65


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