A clean Bearish Flag often precedes a big move. Validate your entry.
Bearish continuation if preceding move was down.
Indecision. Widening then narrowing range.
Traders are watching NVR, Inc. (NVR) as price action tightens. With a last close of $6028.86, volatility remains active (0.64%). The primary technical feature is a Diamond formation. Volume is average (0.61x avg) with moderate trend strength (9.0). A potential breakout level is identified at $5501.01, targeting $3707.52 with support near $6397.75 (R:R 2.0).
What is your outlook on NVR?