$RH has experienced a notable decline to support/resistance levels from 2018, with the highest trading volume week on record when adjusted for dollars traded. The stock rallied 20% intraday following positive news, suggesting that short sellers may be facing reduced downside risk. Analysts project an upside potential to $200 or more. Meanwhile, there has been a significant rotation into rate-sensitive stocks, with home builders leading the charge amid expectations of multiple rate cuts. Stocks such as $PHM, $TOL, $LEN, $HOV, and $RKT saw increases, with $RKT specifically gaining 11%. $RH also issued new guidance, forecasting 2025 Free Cash Flow between $250 million and $350 million, and reported a year-to-date demand increase of 17% year-over-year, clarifying that 'demand' refers to gross order value metrics.