Horton's stock declined 2.67% in the last session, settling at 72.21, with trading volumes nearing 5 million shares.

The company reported a profit of $4.03 per share, passing estimates of $3.38, with sales rising to $8 billion.

The stock is still dominated by the downward correctional trend, with negative pressure from the 50-day SMA, coupled with negative divergence from the RSI.

Therefore we expect more losses for the stock, targeting the support of 64.82, provided the resistance of 78.25 holds on.

Expected trend for today: Bearish