PulteGroup, Inc. shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential. Investors have an opportunity to buy the stock and target the $ 25.6.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
The group usually releases upbeat results with huge surprise rates.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
Over the last twelve months, the sales forecast has been frequently revised upwards.
The tendency within the weekly time frame is positive above the technical support level at 20.95 USD
The stock is close to a major daily resistance at USD 24.28, which should be gotten rid of so as to gain new appreciation potential.
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