Trade Update ---4 days into trade---In the trade from low $52s. Added at $55. Weekly view shown here. Looking for strength to continue here. Currently they are testing resistance levels from the 2006 and 2007 Feedback and comments are appreciated.Longby gumbtg3
Outstanding setup --Flat MA--Really loving what we have here! Top side resistance on RSI just broken. Look for MACD zero crossing. Notice how the 100MA is flat. Often times when a flat MA is broken, along with top side RSI resistance break, an expolsive move follows. If you agree please leave a like. Follow for more Comments are always welcome :)Longby gumbtgUpdated 6
$len losing momentum/distribution higher time frame is showing range bound price action- negative divergence in rsi closer look at mid time frame shows the transition from a range expansion to range contraction and selling volume pressure being applied along with negative momentum lower time frame shows price action in that same range contraction apply pressure to the support area with multiple retest looking for alignment across all timeframes to tilt to the bearish side where theres is the least resistance to the downside first level to 51.7x area and then down to 51.1xShortby inco14
Lennar Buying the pullback here to this nice demand zone (highlighted in yellow) which should act as support here. The level also happens to be at former resistance which should now give the level further support. Use the entry, stop and target prices below to control your risk vs. reward on this trade. Entry: 49.97 Stop: 48.99 Target $53 Longby Pdunuwila7
LONG LEN WITH PIERCING SIGNAL ON HIDDEN SUPPORT AFTER BREAKOUTENTER 47.59 STOP 46.39 TARGET 55.85Longby AlexKondratev5
Follower's Query On LENPlan A (Green line, which is my preference): Short from Green Zone if cannot break the zone. Plan B: If break green zone, long it till previous high. Shortby OuHuangTradingUpdated 15
Lennar- Bearish Sentiment So Far, Looking For More DownsideIF IT opens LOWER tomorrow this is probably worth a short. IF IT DOESN'T open lower, then it probably isn't. There is also a potential bullish crab, bullish bat pattern(s) setting up. I have market their completion with lines and callouts on this chart encase harmonic traders are interested to trade these harmonic patterns in the future..Shortby TomProTrader1
Lennar Technical Analysis: Bullish Continuation!Shares have completed a bullish breakout and consolidated above the resistance of the ascending triangle formation and also the 61.8 retracement level, which was a key area within the past few months. The breakout suggest continuation of the bullish trend that started from 2009, where the minimum measured target for the triangle is around 55.00 areas.. Be one of the first members of my new trading portal, check my new website thefxchannel.com , vote and subscribe. Thank you Good luck, keep your stops tight.. twitter.com www.facebook.com plus.google.com My best regards TechnicianLongby Technician225
LEN the case for a re-test of $48 potential building Possible March OTM bought call opportunity to take advantage of positive bounce in this sector. Note there is housing data out next session which is worth delaying to see market response.Longby mikeffi0
LENOld chart - a break above 44.40 could be bullish. VERY hard to trust these builder stocks and the upper band seems to be in the way here. One to keep on the radarby KLang3
It's about time for the housing stocks to rally.With TLT soaring, you would think housing stocks would catch a bid. Longby chrisbrecher0
Lennar: Negative Short-term Outlook We could head even lower in the near term as price completed a bearish breakout below: 1) Head and shoulders 2)50-days SMA 3)Rising trend line for the latest bullish wave 4)The downside breakout was supported by strong selling volume I will look for a retest of 37.75 support level, followed by areas near the 200-days SMA support at 36.50. Good luck, join me @: twitter.com thefxchannel.comShortby Technician554