Aug. 13 at 12:28 AM
🚨 Trade Idea:
$LGIH 🚨
🏠 Residential construction
📉 Downtrend since rate hikes, now basing 5 months between
$50–
$60
📈 Pattern of higher lows & tight price action → breakout potential
🛑 Stop:
$55.40 (10/21 DMA)
🎯 Target:
$70
💡 16% short interest + rate cut odds up after CPI
Details: https://open.substack.com/pub/frankzorrilla/p/wall-street-digest-a65?r=1nvfg&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false