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D.R. Horton Faces Price ResistanceThe price chart of D.R. Horton (DHI), a large home builder, suggests that the stock could move further to the downside. After making a double top, DHI declined more than 50 percent, rebounded and is now facing price resistance at $25. If the stock cannot break out, it is probably headed down.
Home Builder Articles on buyupside.com Warned Investors DR Horton Seeks Support on the Downside Price Patterns - A Double Top Signals a Downside Price Patterns - Resistance Levels Are Barriers to Price Upsides Audio Available: Posted November 15, 2006.
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