tradepatiently

LEN Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NYSE:LEN   Lennar Corporation
Entry: when price clears 117.54
Volume: average or better
Target: 129 area
Stop: Depending on your risk tolerance; 113.72 gets you 3/1 Reward to Risk Ratio.

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Comment:
I don't do much with fundamentals, but really did expect a rally today after the earnings dip yesterday.
Comment:
I tried to sell 1/3 today but for some reason didn't get filled at 123. Will most likely sell 1/3 tomorrow.
Comment:
Sold 1/3 at 123.
Comment:
Sold 1/3.
Comment:
Stop loss set at my original entry price.
Trade closed: target reached:
Closed my position.

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