This morning’s CPI came in right on target, boosting the odds of a September rate cut. Interest rate–sensitive stocks jumped, and $LGIH (LGI Homes) caught my attention. After a long downtrend tied to rising rates, LGIH has spent the last five months forming a base between $50 and $60. Since mid-June, the stock’s been making higher lows, tightening near resistance — classic pre-breakout behavior.
With 16% of the float short, a breakout could push it to $70. My stop is $55.40, anchored at the 10- and 21-day moving averages.

Full details, including another 3-year base setup, are available in the private room= Frank-Zorrilla