LEN trade ideas
LEN Can Beat Earnings, but There is Still Needed Balance BelowLEN looking for a beat this upcoming call to confirm it's current overhead price targets.
With price targets as high as $112, I see $99-$101 short term due to lower equilibrium needed.
I see $104-$106 as a mid-term goal, to then check back into most recent broken channel as new support channel.
$LEN - Adding to watchlistA close above this channel, and I may be interested. Let's see what it does tomorrow.
LENLove this setup. Pretty similar to how it looked in the early 90s. Could be early but I'm in with a tight-ish stop for now.
Lennar could see $90-$100Lennar could go to $100... See PHM analysis as well. Home stocks perking up
$LEN with a slight bullish outlook The PEAD projected a slight bullish outlook for $LEN after a positive under reaction following its earnings release placing the stock in Drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Bulliosh BetsLarge Blocks Jan 15 75 & 85 calls taken about 40% higher than current premium price. Discount here!
Lennar rejected retest, 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 ascending triangle setup under ATH resistance level 80With Homebuilding hot and LEN setting up with a beautiful ascending triangle under ATH resistance level, I'm anticipating a breakout to new highs.
Waiting for LEN to break Daily R
LEN has broken a strong weekly Resistance and has retested it as well.
In Daily/H3 TF, there is a consolidation and if resistance is broken, then we can see more bullishness.
$LEN Bullish Descending Megaphone$LEN Bullish Descending Megaphone
$LEN 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 decent
Component $DHI looks good
$TOL broke out & looks fantastic
BTO $LEN 9/18 $80c
$LEN Lennar Corp Long into Earnings Lennar is Bullish coming into earnings.
Stock has back-tested the breakout level as support and bounced on high volume.
20ma is also now support.
Longs into earnings have defined risk at $71.00
Possible upside targets $85-$88
V bottom RISING wedge Earnings 9-14Long after descent from rising wedge complete
Earnings 9-14 amc
NV is high. Strong stock and have noticed a strong stock does not usually fall too far. A lot of stocks have been in this bearish rising wedge and it appears they are just now paying the price
I do not like rising wedges and am leery of trading a stock that is in one
Not a recommendation
LEN continuing channel and bouncing up for continuationWe've seen $LEN trading in a channel for a month or more now, here it is hitting the bottom once again, and we like it to bounce off. This also coincides with the end of a correctional wave we see, which is ending at very technical levels around the 0.5 mark on fib. retracement. We like the next wave to begin here now, cutting losses if it breaks outside of the channel by too much. Indicators moving quickly towards oversold, in the past with this stock, that has been a trustworthy tool to indicate a upcoming bounce.
