Lennar- Bearish Sentiment So Far, Looking For More DownsideIF IT opens LOWER tomorrow this is probably worth a short. IF IT DOESN'T open lower, then it probably isn't. There is also a potential bullish crab, bullish bat pattern(s) setting up. I have market their completion with lines and callouts on this chart encase harmonic traders are interested to trade these harmonic patterns in the future..Shortby TomProTrader1
Lennar Technical Analysis: Bullish Continuation!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.. Be one of the first members of my new trading portal, check my new website thefxchannel.com , vote and subscribe. Thank you Good luck, keep your stops tight.. twitter.com www.facebook.com plus.google.com My best regards TechnicianLongby Technician225
LEN the case for a re-test of $48 potential building Possible March OTM bought call opportunity to take advantage of positive bounce in this sector. Note there is housing data out next session which is worth delaying to see market response.Longby mikeffi0
LENOld chart - a break above 44.40 could be bullish. VERY hard to trust these builder stocks and the upper band seems to be in the way here. One to keep on the radarby KLang3
It's about time for the housing stocks to rally.With TLT soaring, you would think housing stocks would catch a bid. Longby chrisbrecher0
Lennar: Negative Short-term Outlook We could head even lower in the near term as price completed a bearish breakout below: 1) Head and shoulders 2)50-days SMA 3)Rising trend line for the latest bullish wave 4)The downside breakout was supported by strong selling volume I will look for a retest of 37.75 support level, followed by areas near the 200-days SMA support at 36.50. Good luck, join me @: twitter.com thefxchannel.comShortby Technician554
LENnice simple setup here after a long run stock corrected from 43$ to strong support around 32$ first resistence at 37.75 broken today on nice vol. stock looking to retest high at 43$. 1st target 40$ stop at close below 36.5$ 1st target is close so will raise stop at firt target to 37.75 GLLongby A_Swissa220
LENLooks very Bullish on this chart. Much to like. Multi. Top breaks soon. Note volume footprint.Longby fibline1
Bond Yields Up, These Stocks Move Almost everyone in the financial media has been talking about the yield on the 10-year U.S. Treasury Note. When the yield moves higher, the home-builder stocks, real estate investment trusts (REITs), and the utility sector will usually suffer. All of these important sectors are very sensitive to higher interest rates. Today, the leading home-builder stocks such as Lennar Corp (LEN), Toll Brothers Inc (TOL), DR Horton Inc (DHI), and PulteGroup, Inc (PHM) are all trading higher as yields have pulled back from the near term highs made last week. Day traders that are following LEN stock should watch for intra-day resistance around the $35.76, and 36.43 levels. Nicholas Santiago www.InTheMoneyStocks.comShortby InTheMoney_Stocks0