PHM is going to see some massive support jump in2 massive trend lines on the bottom side of price, one of which is likely to spring the price to at least 95, and possibly even 130. Even if we drop past 63, there is still price support and a likely chance you'll see price jump from these levels. This stock is massively bullish.
These trend lines are BIG. There is potential to see the price move quickly, and there is even more potential to see it reject that top trendline.
It's close for sure, I think these next few moves likely occur over the next few days to weeks. So you could see some up and down getting ready for a bigger move to the upside.
There is so much support layered on this chart, it's hard to be a bear in the long term.
Buy zone is somewhere between like 65-54.
I draw snakes on charts.
thank you for looking.
