MTH - Reading the Charts in Meritage Homes MTH to Generate Trading Plans
When we read the #charts for Meritage Homes (NYSE: MTH) we are able to reach a #conclusion that may not be otherwise discernable. We can see where buy signals exist, where sell signals exist, and where risk controls should be implemented. These are what create trading plans. The example here is for MTH and it demonstrates this practice. This data is current, but it is not real time. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Weak | |||
| Strong | |||
| Neutral | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 83.07 | |||
| P2 | |||
| 106.50 | |||
| 103.57 | |||
| 97.08 | |||
| P3 | |||
| 108.46 | |||
| 108.30 | |||
| 111.95 |
Longer Term Trading Plans for MTH
May 26, 2021, 8:00 pm ET
Our Longer Term Plans for MTH help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this MTH Report.
MTH - (Long) Support Plan
Buy over 97.08 target 111.95 stop loss @ 96.8
MTH - (Short) Resistance Plan
Short under 111.95, target 97.08, stop loss @ 112.27