TLTrader
Long

$HOV Monthly RSI perking

NYSE:HOV   HOVNANIAN ENTERPRISES INC
hov
20 1 3
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.
Reached first target today @2. Onward to next tgt @ 2.5.
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