HSOA

[eliteG]

HOM has gained a lot in a 1.5 months.  I believe its only normal for it to start consolidating before it continues to run.  The question then becomes what is your time frame?  If you want results now I would not allow a close under 2.13.. if you can give it room then 2 should provide support.  Of course who knows it could just decide to take off without waiting around.

Here is some TA, hope it helps:

[KCScott]

Thanks EG - I appreciate the TA.
Someday I'll learn how to read something besides the 50 DMA and the MACD 

Just the .18-.20 guidance alone should make this a 2.70 - 3.00 stock based on a 15 PE

[airv]

Looking good! Today (8/23) up 9.65% to close at 2.59.  HOM is climbing fast, but looks like it will continue higher tomorrow.  Volume increase, stochastics and RSI convince me to keep holding.

[dhiraj19]

Technically, the chart looks good, but today's news has made me little cautious. No of homes sale was down last month. I would like to wait and see a correction before buying.

1st resistance is 2.68 and support is 2.42.
2nd resistance is 2.76 and support is 2.2

Thanks,
Dhiraj

[oiloiloil]

and water restoration

with presence in Birmingham, AL opportunities for HOM in the water restoration business are huge

http://pdfserver.emediawire.com/pdfdownload/278628/pr.pdf#search='mold%20hurricane%20katrina';

[gri64]

     Return to HOM?

Do someone see any perspective to return at HOM now - I like RSI, MFI and Fibonacci   ?
I have been waiting for a big drop (approx 4), but maybe 4.2-4.3 also a good lebel to reentry?

Any comments from members is appreciated.

Gregory

[ScottishTrader]

Hey Gregory,

I bought a half position in HOM a couple of days ago, mis-timing it slightly, but I bought the other half today, averaging down.  I think today's bottom is very good.  We filled the gap from the previous horrible action last week, and we also confirmed an ascending trendline (see the HOM thread).  HOM's fundamentals remain unchanged, and are very optimistic for the next 6 months.  The rally over the last month or so may have priced some of this in, but I think there is more, and the chart simply needed a technical correction from last weeks crazy reaction.

I couldn't say for sure, but my bet (and my money) is on an upward move from here.  Let's hope so anyway

[defenderyou]

I have been with HOM since the low 3s; held through the last major drop and then sodl some on the way down around 4.60; also bought more at 4.23;

I am holding but did a quick trade in my ROTH dumping all my HOM yesterday to replace with NGAS which proved to be a ver smart trade, having dumped HOM at 4.40 buying NGAS at 11.60

Anyway, I am still long HOM in my investment account with 75% of my initial purchases. I expect a move upwards next week as well.

Fundamentally the guidance increase to 22-25 cents per share from 18-20 cents, with the PE of 30, suggests HOM shoudl be trading no less than $6. more likley $7.50.. Personally, I dont understand why it has not moved higher. BUt because of this fundamental improvement in outlook, I think the bottom is near 4.20 rather than high 3s like last sell-off. So I agree with the two of you that HOM looks ready for a strong move upwards, justifiable both technically and fundamentally

Good luck

Defenderyou

[AussieTrader]

Tread carefully guys (and that includes me The major indices are testing support,  bear action is growing momentum, former favourites who have performed fantastically over the past few weeks / months are turning over. New ones will emerge. I had a great run with HOM, but I wouldn't be getting in again right now unless it broke above the $5.20 resistance zone.

[gri64]

Hi guys,
Thank you very much for your answers.
Today we have good article in Yahoo and HOM is in the second place:

"The 10 Highest-Rated Stocks Under $10"
http://biz.yahoo.com/special/low1010_05.html

Maybe today 12% is a beginning of the new uptrend, but I agree with AussieTrader  - former support can be very strong resistance now.

The question is "How strong and how long Yahoo article can affect to HOM stock? For a couple of days"?

[nullzero]

HOM is looking good , HOM recently had about a 15% breakout and now is having a small pullback which is common for HOM. Looks like there will be a great entry point tomorrow. From what I hear earnings will be out on the 14th of november with a record hurricane season and tons of flooding HOM will do exceptionally good.

[LJT2]

HOM chart is showing a reversal (Dark Cloud Cover)

[nullzero]

HOM closed green today at 5.78 (2.85% gain). Would this close in green show the bearish reversal pattern wrong? If anyone is good at TA would like to hear your input on HOM.

[nullzero]

Had very little downside on HOM last 2 days. Today is looks to be a prime entry point im not good at TA but it looks like HOM is ready to run off a strong support in the 5.60s. Keep an eye on it or enter today, do your DD.

[cooljeff]

nice