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May 2, 2024 @ 9:48 AM
NYSE:DHI

D.R. Horton Inc is one of the largest home construction companies in the United States. They specialize in building and selling single-family homes, townhomes, and condominiums across various price ranges. D.R. Horton operates in multiple markets, catering to a wide range of homebuyers.

The stock of D.R. Horton Inc is currently trending higher, indicating a positive outlook for the company. A rising trend suggests that the stock price is consistently moving in an upward direction, reflecting increasing investor interest and confidence in the company's prospects. Above the key level of 142, we like the stock, as it signifies a potential breakout and a continuation of the upward trend. With a target of 193, we anticipate further upside potential in the stock price. Investors may want to closely monitor the stock for a potential breakout above 142, which could present a buying opportunity in line with the bullish trend.

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