HOV

CharlesSankara

Summary Touché. I just can’t knock the hustle 🤷🏾‍♂️. We told them bulls to fill the gap convincingly with high volume and closing candles. They tried. We watched futures this week as they sped through resistance line after resistance line in the overnight sessions. Maybe they could take us higher? Well they tried. Still no volume, still no broad market buying...

Bixley

HOV has formed an Adam & Adam double top with a strong downward regression trend (0.81). Downsides probable.

cantestogo

HOV has broken the uptrend after JPM has assigned Hovnanian stock a price target of just $1.60. I'm expecting more downside for this one.

TLTrader Updated 

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.

Sinclair Updated 

After finding support from the long term uptrend, look for a breakout to $1.95 - $2.04. Prices could then retest trend before legging up again. Notice how a breakout to $1.95, would set a 1.618 extension at $2.42, which also happens to be the last high.

Sinclair

After finding support from the long term uptrend, look for a breakout to $1.95 - $2.04. Prices could then retest trend before legging up again. Notice how a breakout to $1.95, would set a 1.618 extension at $2.42, which also happens to be the last high.