Use advanced tools to confirm the Descending Triangle on DHI before you trade.
Bearish continuation pattern.
A clear signal has emerged for D. R. Horton (DHI) on the daily chart. Currently at $139.69, the asset is showing upward momentum (1.04%). The primary technical feature is a Descending Triangle formation. The trend indicator is reading 2.6/100, suggesting moderate momentum. A potential breakout level is identified at $131.75, targeting $96.5 with support near $140.81 (R:R 3.89).
What is your outlook on DHI?