BLDR on a consistent trend higher

220
BLDR is part of the construction industry and has had consistent gains over YTD in the range

of 95 % with favorable beats on earnings estimates and increases in revenue. Volume has been

rising in the past month. In the past when BLDR pulled back to the blue SMA100 line it then

reversed quite well and resumed its move higher. At present, BLDR is on a pullback which

provides an opportunity for a long entry at the current price where the SMA20 SMA50 and SMA

100 are converged. I will take a long trade here as I see BLDR to be consistent in its move

up and setup for entry with a pullback.

Penafian

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