Technician

Lennar Technical Analysis: Bullish Continuation!

Long
NYSE:LEN   Lennar Corporation
5
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..

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