How the (KBH) price action is used to our Advantage
February 28, 2024, 05:10 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for KBH
- Buy KBH slightly over 60.69 target 66.52 stop loss @ 60.51 Details
The technical summary data tells us to buy KBH near 60.69 with an upside target of 66.52. This data also tells us to set a stop loss @ 60.51 to protect against excessive loss in case the stock begins to move against the trade. 60.69 is the first level of support below 63.7 , and by rule, any test of support is a buy signal. In this case, support 60.69 is being tested, a buy signal would exist.
- Short KBH slightly under 66.52, target 60.69, stop loss @ 66.71 Details
The technical summary data is suggesting a short of KBH as it gets near 66.52 with a downside target of 60.69. We should have a stop loss in place at 66.71though. 66.52 is the first level of resistance above 63.7, and by rule, any test of resistance is a short signal. In this case, if resistance 66.52 is being tested, a short signal would exist.
Swing Trading Plans for KBH
- Buy KBH slightly over 64.57, target 66.52, Stop Loss @ 64.38 Details
If 64.57 begins to break higher, the technical summary data tells us to buy KBH just slightly over 64.57, with an upside target of 66.52. The data also tells us to set a stop loss @ 64.38 in case the stock turns against the trade. 64.57 is the first level of resistance above 63.7, and by rule, any break above resistance is a buy signal. In this case, 64.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short KBH slightly near 64.57, target 62.52, Stop Loss @ 64.76. Details
The technical summary data is suggesting a short of KBH if it tests 64.57 with a downside target of 62.52. We should have a stop loss in place at 64.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for KBH
- Buy KBH slightly over 64.67, target 66.52, Stop Loss @ 64.52 Details
If 64.67 begins to break higher, the technical summary data tells us to buy KBH just slightly over 64.67, with an upside target of 66.52. The data also tells us to set a stop loss @ 64.52 in case the stock turns against the trade. 64.67 is the first level of resistance above 63.7, and by rule, any break above resistance is a buy signal. In this case, 64.67, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short KBH slightly near 64.67, target 63.7, Stop Loss @ 64.82. Details
The technical summary data is suggesting a short of KBH if it tests 64.67 with a downside target of 63.7. We should have a stop loss in place at 64.82 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.67, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Kb Home (KBH) available here: KBH.
KBH Ratings for February 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
54.82 |
| P2 |
63.7 |
62.52 |
60.69 |
| P3 |
64.67 |
64.57 |
66.52 |
AI Generated Signals for KBH
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Kb Home (NYSE: KBH) data table below can help you with price action, and we have more details too. Trading plans for KBH are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for KBH:
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