InvestorsHub Logo
Followers 59
Posts 2197
Boards Moderated 4
Alias Born 04/28/2019

Re: None

Thursday, 05/23/2019 8:22:53 PM

Thursday, May 23, 2019 8:22:53 PM

Post# of 62
$TOL BULLISH SET UP INTO EARNINGS

Despite the fact that analysts are less than bullish on the stock, we have confidence that a good report will follow on from the rising home sales figures released last month. Toll brothers stock has suffered a deep correction from 2018 highs, but is now in a well defined uptrend with out target in the $43 region. Within the chart there is a possibility of a inverse H&S forming, with the price sitting on support a volume spike could validate the setup.
Given the fact that analysts are skeptical, a good earnings report could result in upgrades and a short squeeze in the days and weeks to follow.



Official InvestorsHub (IHUB) Profile for TopMarketGainers.com. Since 2009,
we are the #1 Source For #FREE Winning #NASDAQ & #NYSE-Listed Alerts!

IHUB Board: https://investorshub.advfn.com/Chart-Analysis-TopMarketGainerscom-36847/

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TOL News