XHB, Kaboom! Homebuilder wrecked

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Just about 18 hours ago, i posted ITB chart to issue an alert on potential breakout or resistance based on RSI indicator as the price has been ranging since Dec 2012!

And it seems that the "dump money's" hope was SHATTERED when KB Home released their quarterly report.

Didn't we bail out the Fannie Mae & Freddie Mac? On top of that, Fed has came out with all sorts of tricks from ZIRP, QE1, QE2, Operation Twist, and QE3!

Does it mean the "free money" no longer works?

Gimme back my American Dream!!!
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.