Perhaps a short-term pull back is more likely before the next rally on MTH? Ive been struggling with this stock lately. Some of my other trades have been from AWE.some.STOCK_S which are working out pretty well.
The upside potential for MTH just got a whole lot more interesting. Im not sure about you guys but awesome.stock.s has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Is MTH undervalued? This sort of setup suggests potential upside... Ive been struggling with this stock lately. Some of my other trades have been from awesom-eSTOCKS which are working out pretty well.
Meritage Homes Corp NYSE $MTH Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.5 In other words, the correlation coefficient of the other stocks