KBH is also from our last weeks trading room discussion, Part of homebuilders industry which has big selling and high p/e ratios. As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
We are looking to short at the break of 14.83
You can check our detailed analysis on KBH in the trading room/ Executive summary link here- youtube.com/watch?v=Ke5Emg1J3xg Time Span: 10:40" Trade Status: Pending
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.