Toll Brothers Inc

By root | January 28, 2008 AAA

For today's chart we've chosen to take a look at Toll Brothers Inc (NYSE:TOL) because it is nearing an influencial level of resistance. As you can see from the chart below, the $24 mark has prevented the bulls from sending the price higher over the past few months and there i0s little reason to expect this story to change. We've also noticed that the stock is testing its 200-day exponential moving average, which has prevented a move higher since early 2007. We'll keep a bearish outlook on this stock until the price closes above the horizontal trendline ($24).



You May Also Like

Related Analysis
  1. Investing

    Risks and Rewards of Biotech Companies

  2. Stock Analysis

    FireEye Shows Evidence That Profits Are Possible

  3. Stock Analysis

    When Will Celgene's Key Patents Expire?

  4. Stock Analysis

    Why Do Investors Want Intel to Get Bigger?

  5. Stock Analysis

    Micron Technology: Big Bargain or Value Trap?

Trading Center