BLDR

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Cowboy67
Mar 23, 2022 04:52 PM 0 Answers
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Hi Marty -

I was looking at BLDR trade as well.  I nibbled a little today, you?

Thanks,

Charles

Charles,

I like BLDR and did buy a small lot (2%). The homebuilder trade is weak right now and the RS line is trending down. My entry price is $74.50, and I am underwater at this time.  As usual I will use the 5% stop-loss. I wanted to take a probe position for some feedback. The 50sma is just above the $72 level.

Good Luck!

Regards,

Marty

 

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