Earnings estimated to be 6/12.
Weekly chart with a probable W pattern forming. This is most likely a Bat (4th leg ends at the .886) or an alternative Bat (1.113) and will reverse when target is reached.
No recommendation
#ichimoku #realestate
Monthly Chart
1. Touched Top of Major Trend Line December 2021
2. Resistance at Top of Trend Line
3. Lower High/Lower Low Bear Channel
3. Ichimoku Death Cross
4. Kumo Cloud Flat
5. Target 45.13 January 2025
6. Ichimoku Time Theory Confluence - 9 Period + 26 period
Weekly Chart
1. Stochastic Death Cross
The PEAD projected a Bullish outlook for $LEN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Price appears to be bound by two horizontal trendlines.
Earnings 12-14 AMC.
I hear the talking heads speaking of lowered mortgage rates, but I did not dig in to what I heard.
I think I do better if I do not hear them sometimes (o: They continuously talk about what the Fed is planning to do with rates all day long, and I do not think they know anymore than we...
Neutral until broken.
Earnings estimated to be on 12-14 AMC.
Earnings estimates are lower than last quarter.
Small symmetrical triangle that is also neutral until broken.
Difficult industry right now but a great stock.
Short interest around 3.57%
No recommendation
Appears that Lennar is headed from bearish to bullish trend, however it did not cross the August high resistance levels. Will LEN check back to the 150 day moving average? or will it break trend and cross the resistance level. I'm leaning to checking back based on macro. Higher rates and poor customer traffic will hurt top line and/or margins. Builders are...
The PEAD projected a Bullish outlook for $LEN after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
LEN
Daily chart analysis
LEN is currently in a downtrend under the 200 ema
After reaching low of 64.00, pulled back and broke above resistance level at 81.00
The breakout is deemed a failed breakout after price falls back below 81.00
Price has the followed by making a series of lower lows creating a downtrend line
Price is currently at resistance from down...
Looking at the LEN Lennar Corporation options chain, i would buy the $71 strike price Puts with
2022-9-23 expiration date for about
$1.00 premium.
Looking forward to read your opinion about it.
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on July 21, 2022 with a closing price of...
Similar positions in grey circles
These circles are preceded by similar patterns
Uptrend should stay intact on this weekly timeframe and continuation result
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $75.39 / $77.43
Target Price: $73.44 / $76.22
Stop Loss: $78.64
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $82.61
Target Price: $80.70
Stop Loss: $85.84
