XHB - Technical analysis tells

    Posted by tradeit007 on 22nd of Aug 2023 at 06:42 pm

    XHB - Technical analysis tells me Homebuilders have topped out. Conflicts with fundamental news Buffett bought DHI, NVR, LEN in 2nd QTR. Analyst says recent XHB chart action reflects " a bullish area of price consolidation." I'm bearish XHB but the Buffett news gives me pause. Anyone else confused?

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