KBH trade ideas
KBH Double BottomFaster turn around on this one as opposed to HDSN if you like, a double bottom based on relative price structure according to Bollinger band strategy has formed. Looking for a confirmation day (an up day on good volume) to indicate a coming quick up move towards the opposite Bollinger band.
See chart for details.
TRADE IDEA OF THE WEEK IN KB HOME INC KBH!Overall we are seeing some weakness in the market right now. Something that we're seeing is a lot of the sector/stocks have rejected the 21 period moving average, which tells me that there's a somewhat good chance that we might go test the lows that were created 2 weeks ago. This stock KB HOME INC is an example of a stock that has rejected that 21 period moving average shown by the green line on the chart! If the market continues to show overall weakness this week, then this is a high probability setup to move lower and that's what we're banking on here.
Really the only sector that looks strong to us right now is the Semiconductor/Technology Sector. Stocks like NVDA, AMAT, ON, MU, etc. held up the market today from being even worse. Good luck to you all!
Sep 28 Earnings: KB Home - Will The Recovery Continue?KB Home has been gaining steadily with the recovery in the housing market since 2009.
The industry as a whole is enjoying solid demand from a recovering economy and a limited inventory.
KB Home has been enjoying a steady boost to its business from increased rentals.
The company has put effort on increasing revenues per community and profits per unit, boosting its growth factors.
Negative factors for the quarter include higher interest rates, limiting industry growth.
Higher construction, wage and material costs should dampen margins going forward and effect guidance.
I believe the company will perform well post-earnings release and give a $24.00 PT.
30 to 60 day time frame.
Another one I'm watching: KBHThis company is making a bounce back. The "Street" Rates it a buy with at target of 25.36. This is the same area I get from the daily chart. But I notice the daily RSI is in the overbought area with a small bearish divergence. Price is also at the mid line of the larger up channel. So I am looking for some pull back before I personally commit. For myself I would use a stop on a close <16,65 (labeled 1). Process your way. Feedback welcome.
$KBH small home builders reboundingBeen watching this one for awhile. Took a position in late December but then took profits when it went lower. Hoping to see a higher volume logged in by the end of the day today. This whole industry is going up.
KBH- Short if it breaks below 14.83 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-
www.youtube.com
Time Span: 10:40"
Trade Status: Pending
KBH- short at break below 15.83 KBH It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
Continue shorting housing weaknessKBH is giving up all of today's "better" than expected housing data. The trends are still not looking good. I would continue to short KBH here below support at 12.70ish down to 12.00
KBH turning up within channelTechnicals - Bouncing off support a year ago & and within recent channel...playing to reach near 13.50
Opened 12/23 buying "KBH Jan 15 '16 $12 Call" for -0.94 debit:
-Descent risk/reward entry to play channel
-MACD, Stochastics, DMI turning positive
-Entry=12.59, Stop=11.99, Target=>~13.50
Note, earnings coming on 1/7 and housing recently reported well...possible additional upside potential
Plan to exit near target or any significant move upward.
Start raising stop alerts as target is approached.
KBH building homes and momentum for a key level breakMove above the 200MA on continued strength price point. A break of this level may give significant upside.
KBH riding the homebuilders waveAfter a pause the previous two sessions KBH joined its home-building peers with evidence of further buying pressure after a post-earnings run up and closing in the top third of the bar and testing $16 key price point. A break of this level may offer the opportunity of a short term bought call position.
KBH Wolf WaveI t was a long time I didn't look for this wave , but I am seeing
a beautiful one now with this company . best luck .
KBH Day Trade Gap N Go (Brad Reed Mar20,2015)KBH expected to open at 14.77 for a Gap N Go. To learn to trade for free go to www.RealLifeTrading.com
BuildersI believe housing will take a short term hit this year. Maybe even flooding over into next year. I do see a strong recovery though for years following that. I hope prices turn down, so I can start accumulating.
Descending triangle reversal pattern has been confirmed!Nice descending triangle reversal pattern. Pattern broke through the upper line with a gapu up and very high volume. The pattern was confirmed a couple of days ago when the stock made a pullback, Price is just over the pivot point but under the 23.6% fib line Price target is around the 38.2% fib line at $19.34. If stock price would go down, stop-loss has been placed around a previous resistance now support level. Good sign that volume has decreased on consolidation. I'm not trading this stock but these are my views on it.
