Comments on: ITB Homebuilders ETF Price Targets 5-20-26 https://rightsideofthechart.com/itb-homebuilders-etf-price-targets-5-20-26/ Stock Trading, Investing & Market Analysis Wed, 20 May 2026 19:38:02 +0000 hourly 1 https://wordpress.org/?v=7.0 By: rsotc https://rightsideofthechart.com/itb-homebuilders-etf-price-targets-5-20-26/#comment-39083 Wed, 20 May 2026 19:38:02 +0000 https://rightsideofthechart.com/?p=220244#comment-39083 In reply to rsotc.

SHW & DHI daily chart with annotations & key levels, below..

]]> By: rsotc https://rightsideofthechart.com/itb-homebuilders-etf-price-targets-5-20-26/#comment-39082 Wed, 20 May 2026 19:37:33 +0000 https://rightsideofthechart.com/?p=220244#comment-39082 At this point, whether one took a full or fractional (starter) position at support on ITB or any of the highlighted homebuilders and other top components, such as HD & LOW (which just reported yesterday & today), probably best to wait to see these steep & well-defined downtrend lines they are currently testing to be clearly taken out before adding to ITB, XHB, or any of their individual components, as many, including HD & LOW, are current testing resistance.

Plus, NVDA reports tonight & although completely unrelated, NVDA can most definitely either make or break any rally in the broad indices, which in turn could impact the homebuilders & related stocks, many of which are components of the $SPX & other highly-correlated indices. HD & LOW (the ‘Big Box’ home Improvement stores) daily charts below, with DHI & SHW to follow (3 chart limit per comment)

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