Looks bullish and can retest 100 levels. Have your SL at 44. It an test 44 range before its leg up towards 100-105. All the best.
If you haven`t sold LEN here, for a quick profit: Then Analyzing the options chain of LEN Lennar Corporation prior to the earnings report this week, I would consider purchasing the 110usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $2.67. If these options prove to be profitable prior to the earnings release, I would...
NYSE:LEN has 2 Double top in December and 1 in may. Could this be the 2nd double top. Short here and and i will stop out on a daily close above the horizontal line.
Looking at the LEN Lennar Corporation options chain, i would buy the $71 strike price Puts with 2022-9-23 expiration date for about $1.00 premium. Looking forward to read your opinion about it.
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on July 21, 2022 with a closing price of...
Similar positions in grey circles These circles are preceded by similar patterns Uptrend should stay intact on this weekly timeframe and continuation result
Lennar Corporation ( NYSE:LEN ) Sector: Consumer Durable (Homebuilding) Market Capitalization: 23.216B Current Price: $80.19 Breakout price: $81.10 Buy Zone (Top/Bottom Range): $79.55-$69.45 Price Target: $99.10-$102.40 Estimated Duration to Target: 237-240d Contract of Interest: $LEN 1/20/23 85c Trade price as of publish date: $8.50/contract
Lennar Corporation ( NYSE:LEN ) Sector: Consumer Durable (Homebuilding) Current Price: $112.32 Breakout price: $114.50 Buy Zone (Top/Bottom Range): $108.90-$111.65 Price Target: $120.00-$123.00 Estimated Duration to Target: 40-42d Contract of Interest: $LEN 1/21/22 115c Trade price as of publish date: $5.40/contract
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 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.
Think we ultimately go higher but for the next 6 months I'm bearish new homes.
NYSE:LEN keep it on your watch list for a shorting opportunity
See previous earnings with Reverse H&S similar to today's. Both going into Monthly H&S, so we think after a nice pump from Reverse H&S B/O this am and a big profit we will be able to move to the short side with some very cheap puts. The green line (lower priced green line) is the measured move, but we will prob fall a bit short and then start reversing.
Massive 06' double top and a clear channel breakdown. Not bullish.
I saw a flicker of hope for home builders in the May Housing Market Review. Traders decided to snuff that flicker out very quickly afterward. When I wrote June’s housing market review and described a “struggling flicker,” the iShares US Home Construction ETF (ITB) was once again bouncing off the bottom of 2018’s trading range. Almost like a cycle, a month later...
Double top, 6 year trendline broke, and cut through support at $50. Downside incoming.
Lennar showing a massive double top and is currently sitting on support at $48 - looks poised to head lower.