PERSIMMON PLC - IS IT A BUY? #ftse100 #ftse250 #ukinvesting

hey guys we have our eyes on Pimon Pok this is a UK homebuilder with a market cap of about5 billion their PE ratio is 19.5 and their dividend yield is 3.85% although these metrics are not very exciting they have some Tailwinds from the UK government's drive to build more homes and the falling interest rates in the past they have traded as high as 3,000 p and are currently trading at 15 60 the 20we EMA has crossed a 50 we EMA which is a bullish sign and price has the potential to go to 1,800 p and then to 2200 the chart shows an inverse Head and Shoulders pattern check it out