A few days ago we looked at a Daily Price Chart for Sherwin Williams Co. noting that the stock had been making a series of higher highs and higher lows.
For today’s Trade of the Day we will be looking at a different company in construction: DR Horton Inc. stock symbol: DHI.
Before breaking down DHI’s daily chart let’s first review what products and services the company offers.
D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States.
It engages in the acquisition and development of land; and construction and sale of homes in 29 states and 88 markets under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, and Freedom Homes.
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Wishing You the Best in Investing Success,