CCSthere are two support areas u can enter after u see bull pressure and candlestick pattern .
the results of the company's financial information are acceptable :
market cap : 2.66 B
p/e : 5.91
p/s : 0.67
p/b : 1.56
peg : 0.65
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CCS trade ideas
CCS (Century Communities Inc.) - Bull start, will it continue?Century Communities Inc.
Century Communities, Inc. is a home building and construction company. Its activities comprise land acquisition, development, and entitlements; and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects. The Company operates in major metropolitan markets in Colorado, Texas and Nevada. Century Communities, Inc. is based in Greenwood Village, Colorado.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y with excellent Momentum
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter started well, and jumped immediately above MED point, missing opportunity to enter the trade
- If we can see a price pullback below the MED point we have an entry based on Slo Stochastic indicator
- There is then an expectation for the price to move to the MID or HIGH point prior to the quarter-end
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
$CCSEntry price: 47.07
Fundamentals:
- Sector: Building
- EPS % Chg (Last Qtr): 70%
- EPS % Chg (Previous Qtr): 57%
- 3 Year EPS Growth Rate: 16%
- EPS Est % Chg (Current Yr): 39%
- Sales % Chg (Last Qtr): 35%
- Sales % Chg (Previous Qtr): 25%
- 3-Year Sales Growth Rate: 31%
- Annual Pre -Tax Margin: 5.9%
Century Communities, Inc Inverse H&S breakout
Inverse head and shoulders breakout underway
Daily and weekly chart overbought so look for entry on pullback.
short interest 12%
10.3 P/E ratio
Company profile
Century Communities, Inc. engages in the development, design, construction, marketing and sale of single-family attached and detached homes. It operates through the following business segments: West, Mountain, Texas, Southeast, and Wade Jurney Homes. The West segment refers to Southern California, Central Valley, Bay Area and Washington. The Mountain segment represents Colorado, Nevada and Utah. The Texas segment is comprised of Houston, San Antonio and Austin. The Southeast segment is consisting of Georgia, North Carolina, South Carolina and Tennessee. The Wade Jurney Homes segment is consist of Alabama, Arizona, Florida, Georgia, Indiana, North Carolina, Ohio, South Carolina, and Tennessee. The company was founded by Dale Francescon and Robert J. Francescon in 2000 and is headquartered in Greenwood Village, CO.
CCS - Long - Rectangle Break AboveBreaking out of the rectangle, also fits the ascending wedge pattern with a break above. Will give it a shot and bet on the trend. Positive earnings. Stop set if it falls back into the consolidation range = trend failed.
Wary of extended SP500, but following price as always.
Going long CCS on ThursdayCCS is printing a bullish hammer candlestick over candlestick price bar on heavier above average volume with my momentum/trending oscillators confirming the price move. I am going long CCS on Thursday using a limit (GTC BUY LMT) order @ 30.15. I will have two trailing sell stops (GTC SELL STP) @ 29.10 and 28.50 to protect my initial invested capital in case CCS does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from August '17. to November '17.
Going long CCS on ThursdayCCS is printing a bullish hammer candlestick over candlestick price bar on heavier above average volume with my momentum/trending oscillators confirming the price move. I am going long CCS on Thursday using a limit (GTC-BUY-LMT) order @ 30.15. I will have two trailing sell stops (GTC-SELL-STP) @ 29.10 and 28.50 to protect my initial invested capital in case CCS does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from August '17. to November '17.