TLTrader

$HOV Monthly RSI perking

Long
TLTrader Updated   
NYSE:HOV   Hovnanian Enterprises, Inc.
hov
After a prolonged bear HOV has formed a stable base from which it can launch to the targets of 2, and then, 2.5. Monthly RSI is at 12 months high.
Comment:
Nice move in $HOV today. 2.5 target next.
Comment:
Approaching next target at 2.40-2.50.
Comment:
2nd target reached. Booking 30% profit on half. Moving S/L to 2. Targeting $3 now on the balance.
Comment:
Still looking good for the $3 target. Amongst my better picks.

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