LGIH the kind of setup I like
January 17, 2014
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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