XHB broke through an important 77.5 low volume node today and TPX has just been on fire. You might be asking how a mattress company and homebuilders are correlated well I'm playing it as a proxy and potentially one that could outperform the homebuilder index in general. You gotta have mattress for those homes :)
Casper Mattress Company has just recently IPO'd and has had a less than ideal kickoff to their share price performance. However, Casper is filling a niche spot in the market being that they can ship their product directly to your door in a package that is easy to transport around the house until you wish to unravel it in a bedroom. I think we can all share some...
A stock that gets used as a pump vehicle on a downtrend with high risk for proper confirmation as a good investment moving forward wait for 20ma official close above it.