I like this stock but we all have different likes and dislikes
Break out would be over prior high and stop is set below handle low or below mid cup depending on tolerance
LEN beat earnings on 6-15, but did not break out.
I am watching this one and do not like the unfilled gap below price. Short percent is reasonable
Triangle with strong R at 66
Be safe!
$LEN. Looking at homebuilding and as of right now this has the best turn out. Looking like a cup and handle on the FIB. bounce at the 0 line so waiting for it to rip to 72. Price target is 72 lol. Will buy on a pullback
Hey guys, LENNAR CORP is on strong trend support, an attempt by aborted sellers with a large purchase volume. it is plausible that we break the stabilization zone, look for the highest ones and then retreat.
Please LIKE & FOLLOW, thank you!
Homebuilders have emerged as one of the standout industries in the post-Covid world. Plenty of technology names, like Zoom Video Communications , benefited from lockdowns. But it’s also boosted housing in a few ways. First, surveys show millennials finally want to buy single-family suburban homes. Second, interest rates are low. Third, credit-card spending data...
LEN is telling me rates are gonna stay low and perhaps go lower for a while. Last time we were waiting for pullback headed in the end of 2019. The new year has seen nothing but a tear. I'm convinced that FED will need to take action as rates start to test lows. Stock looks great but should pull back to channel before next leg up. 2020 may be very good year for...
Lennar had a great quarter and as long as the consumer in the United States stays strong and interest rates stay low, they will continue to do well.
So what gives? Why did it retrace today? Yo be honest, I don’t know but what I DO know is that I would be very interested at the 52-54 level if the price does not break up above the yellow counter trend line. If we...
Stock well below its average price target among analysts $66.93
Short interest 4.9%.
Very reasonable 9.45 P/e Ratio.
Mr. Miller earnings call transcript "As we head into 2020, we expect our fiscal 2020 deliveries to be in the range of 54,000 - 55,000 homes, homebuilding gross margin percentage to be in the range of 20.5% - 21.0% and our cash flows to continue to...
Entry level $56 = Target price $60 = Stop loss $55
Stock is currently sitting on strong support and has a nice reversal in yesterdays session.
Currently has a average buy rating and a $85 target among analysts.
Very reasonable 9 P/E
Sector has fallen out of favor in recent months as capital runs back into high risk sectors.
Lennar Corp. is a homebuilder company,...
