LEN trade ideas
Bulliosh BetsLarge Blocks Jan 15 75 & 85 calls taken about 40% higher than current premium price. Discount here!
Lennar rejected retest, Closed rejecting TL. And if you zoom out there is a big cup & handle with a false breakout to the downside of the cup. And currently retesting at the same time as this h&s retest the cup we shooting to the moon on lennar. I think. Comment, like, etc.
LEN ascending triangle setup under ATH resistance level 80With Homebuilding hot and LEN setting up with a beautiful ascending triangle under ATH resistance level, I'm anticipating a breakout to new highs.
Waiting for LEN to break Daily R
LEN has broken a strong weekly Resistance and has retested it as well.
In Daily/H3 TF, there is a consolidation and if resistance is broken, then we can see more bullishness.
$LEN Bullish Descending Megaphone$LEN Bullish Descending Megaphone
$LEN has formed a beautiful descending broadening wedge or descending megaphone into its earnings report Monday after close. This pattern retested previous highs and bounced, showing support on a perfect retest of $71.30. First target is previous highs around $79.50 which I am looking for Monday into Earnings. I am looking to stay long LEN & homebuilders in general through earnings but will take some profits at first target.
$XHB on the whole looks decent
Component $DHI looks good
$TOL broke out & looks fantastic
BTO $LEN 9/18 $80c
$LEN Lennar Corp Long into Earnings Lennar is Bullish coming into earnings.
Stock has back-tested the breakout level as support and bounced on high volume.
20ma is also now support.
Longs into earnings have defined risk at $71.00
Possible upside targets $85-$88
V bottom RISING wedge Earnings 9-14Long after descent from rising wedge complete
Earnings 9-14 amc
NV is high. Strong stock and have noticed a strong stock does not usually fall too far. A lot of stocks have been in this bearish rising wedge and it appears they are just now paying the price
I do not like rising wedges and am leery of trading a stock that is in one
Not a recommendation
LEN continuing channel and bouncing up for continuationWe've seen $LEN trading in a channel for a month or more now, here it is hitting the bottom once again, and we like it to bounce off. This also coincides with the end of a correctional wave we see, which is ending at very technical levels around the 0.5 mark on fib. retracement. We like the next wave to begin here now, cutting losses if it breaks outside of the channel by too much. Indicators moving quickly towards oversold, in the past with this stock, that has been a trustworthy tool to indicate a upcoming bounce.
C&HEarnings Sept 14th
This stock has moved slower than I thought it would but has been slowly but surely rising.
Possible T2. 107 129 140
NV high
Not a recommendation
Cup and HandleBreaking out
stop under handle low
earnings in September
Targets 2 are possible after target 1 is hit, but as a rule the stock pulls back after hitting target 1. Some may sell at target 1 then wait for a pull back and repurchase. Safest thing to do in a market with volatility such as this one, is to Sell at Target 1. My opion only and we all have one (o:
LEN 72 LEN call PT is 72. I have a call for 69 out on the 24th. Was a beauty. Broke out but again the news kinda ruined the run. Didn’t sell. Theta wont ruin it. Held that 62 support very nicely so that’s good. Will monitor throughout the rest of the week. Was going off the double bottom to bull flag. Will alert if losses need to be cut.
C & HI like this stock but we all have different likes and dislikes
Break out would be over prior high and stop is set below handle low or below mid cup depending on tolerance
LEN beat earnings on 6-15, but did not break out.
I am watching this one and do not like the unfilled gap below price. Short percent is reasonable
Triangle with strong R at 66
Be safe!
