DR Horton Seeks Support on the Downside

DR Horton (DHI), a single-family homebuilder, is on the price downside but the stock is trading just above a significant price support at $19. If DHI falls below $19, it could head much lower.

Other homebuilders (Centex (CTX), Lennar (LEN), Pulte Homes (PHM) and Toll Brothers (TOL) are at key support levels.

Posted August 22, 2006.

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