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Analysis: #NASDAQ $BLDR

Case 74 #Builders Firstsource Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread πŸ‘‡πŸ‘‡πŸ‘‡

#BLDR 1/4
Chart 1
Monthly Chart: Attempts to record a new all time high (26.21) are stalling and price remains underpinned at #trendline resistance. We believe that this delay shall not last long and see future gains towards ......

BLDR 2/4
...... 31.70 then the main target 36.55 and possibly extending to 37.30 before correcting lower.

BLDR 3/4
Read 4 tweets
#PaidPidis are trolling @nsitharaman for her statement on #OlaUber being responsible for #autosectorslowdown

That was just 1 reason she gave, not the only one

As mother is 2 #Millennials, I agree with her - consumer tastes are changing

#SayItLikeNirmalaTai
#BoycottMillennials
Today #Millennials prefer to take an AC #OlaUber instead of-

- buying car

- paying EMIs

- legalities- insurances, papers, etc

- buying parking space (which in Mumbai is costlier than price of car)

- finding parking space in busy streets or paying steep parking charges
Many #Millennials aren’t in love with the idea of #buyingHouse either

Today, the concept of #LifelongJob has gone out of the window & people are on the #move in the #job market

Hence #renting & changing homes make more sense than investing in a house, a very #illiquid asset
Read 12 tweets

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