BLDR GOING LONG
BLDR has pulled back to the 163/164 mark. The last two time it did this it bounced back and hit the 72-75 range and relatively quick.
The MACD has it in a downtrend for now but I think if you can get this stock @ the 60-63 range you will be in great shape for a decent return in a few months. RSI has it on the oversold side slightly, the PE ratio is also at a 7.61 which is pretty decent value for the stock.
My 1 year prediction is that this stock will hit $100.
I would watch out for this stock to see how much it pulls back, its under the 50/100/200 MA as far as looking at a 1 day candle stick chart. so its defiantly in a down trend.
Also for options traders this stock has low premiums for its price. April 14th is the next exp. date.
Good luck to all traders out there all comments are welcome!
Thanks,
ATX
The MACD has it in a downtrend for now but I think if you can get this stock @ the 60-63 range you will be in great shape for a decent return in a few months. RSI has it on the oversold side slightly, the PE ratio is also at a 7.61 which is pretty decent value for the stock.
My 1 year prediction is that this stock will hit $100.
I would watch out for this stock to see how much it pulls back, its under the 50/100/200 MA as far as looking at a 1 day candle stick chart. so its defiantly in a down trend.
Also for options traders this stock has low premiums for its price. April 14th is the next exp. date.
Good luck to all traders out there all comments are welcome!
Thanks,
ATX
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