CCS (Century Communities Inc.) - Bull start, will it continue?
Century Communities Inc.
Century Communities, Inc. is a home building and construction company. Its activities comprise land acquisition, development, and entitlements; and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects. The Company operates in major metropolitan markets in Colorado, Texas and Nevada. Century Communities, Inc. is based in Greenwood Village, Colorado.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y with excellent Momentum
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter started well, and jumped immediately above MED point, missing opportunity to enter the trade
- If we can see a price pullback below the MED point we have an entry based on Slo Stochastic indicator
- There is then an expectation for the price to move to the MID or HIGH point prior to the quarter-end
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Century Communities, Inc. is a home building and construction company. Its activities comprise land acquisition, development, and entitlements; and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects. The Company operates in major metropolitan markets in Colorado, Texas and Nevada. Century Communities, Inc. is based in Greenwood Village, Colorado.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y with excellent Momentum
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter started well, and jumped immediately above MED point, missing opportunity to enter the trade
- If we can see a price pullback below the MED point we have an entry based on Slo Stochastic indicator
- There is then an expectation for the price to move to the MID or HIGH point prior to the quarter-end
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Nota
TRADE UPDATE: Marginal successfulWe may still see further gain after earnings announcement
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.