$TOL to rocket after earnings?
Updated
Looking at this tending chart its easy to see that TOL has has a nice run as of lately. With a lack of liquidity for new home buyers in current markets, home builders have been seeing substantial upside in their businesses.
TOL is expected to beat earnings, may be a good run to the upside.
Please invest at your own risk, I'm not a professional nor do I claim to be.
Ref:
nahb.org/en/research/housing-economics/construction-statistics.aspx
usatoday.com/story/money/economy/2018/02/16/housing-market-u-s-home-construction-jumps-9-7-january/344476002/
nasdaq.com/article/why-earnings-season-could-be-great-for-toll-brothers-tol-cm925731
TOL is expected to beat earnings, may be a good run to the upside.
Please invest at your own risk, I'm not a professional nor do I claim to be.
Ref:
nahb.org/en/research/housing-economics/construction-statistics.aspx
usatoday.com/story/money/economy/2018/02/16/housing-market-u-s-home-construction-jumps-9-7-january/344476002/
nasdaq.com/article/why-earnings-season-could-be-great-for-toll-brothers-tol-cm925731
Note
Bullish breakout @ around 36.00 confirms for new uptrend.Watch for run-up into earnings.
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