LGIH the kind of setup I like | stockbee

1/17/2014

LGIH the kind of setup I like


LGIH is a recent homebuilder IPO with good growth. It has been climbing up nicely since IPO. Today it has a range expansion. 

Prior to the range expansion it had very orderly sideways consolidation of many weeks. A narrow range day before range expansion day.  Series of narrow range days in consolidation.

That is the kind of setup I look for. 

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