A Bullish Sign Appears On Invitation Homes's Chart
Portfolio Pulse from Benzinga Insights
A golden cross has formed on Invitation Homes' (NYSE:INVH) chart, which could be a bullish sign for the stock. The golden cross occurs when the 50-day moving average crosses above the 200-day moving average, indicating a potential change in the long-term trend.
June 05, 2023 | 2:49 pm
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Invitation Homes' chart shows a golden cross, which could indicate a bullish trend for the stock. The company has consistently met or exceeded earnings and revenue estimates in recent quarters.
The golden cross is a technical indicator that suggests a potential bullish trend for Invitation Homes. Additionally, the company has consistently met or exceeded earnings and revenue estimates in recent quarters, which could further support a positive outlook for the stock in the short term.
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