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hockeysniper

ITB Homebuilders, weekly chart has more room to run

Long
iShares U.S. Home Construction ETF (AMEX:ITB)  
hockeysniper  
AMEX:ITB   iShares U.S. Home Construction ETF
Trend Analysis Chart Patterns Technical Indicators Inverse Head and Shoulders LEN ITB KBH QQQ SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern indicator inverseheadandshoulders len itb kbh qqq spy
ITB Homebuilders 3x ETF, weekly chart has more room to run. Daily chart is ready for break out. Inverse H and S . LEN , KBH and DHI all had great earnings reports recently. Above $46.35 would be all time highs. The FED should be cutting rates again with the Oct 4th economic data, so more bullishness for homebuilders. Good luck!
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