LEN Bullish Descending MegaphoneLEN has formed a beautiful descending broadening wedge or descending megaphone into its earnings report Monday after close. This pattern retested previous highs and bounced, showing support on a perfect retest of $71.30. First target is previous highs around $79.50 which I am looking for Monday into Earnings. I am looking to stay long LEN & homebuilders in general through earnings but will take some profits at first target.
XHB on the whole looks decentComponent
DHI looks good
TOL broke out & looks fantasticBTO
LEN 9/18 $80cNote
This is hitting my target in pre. Staying long XHB in general - 
Z continues to be a favorite and is trading with the sector.
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Disclaimer
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.