When (LEN.B) Moves Investors should Listen
April 06, 2024, 18:32 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for LEN.B
- Buy LEN.B slightly over 143.46 target 156.01 stop loss @ 143.05 Details
The technical summary data tells us to buy LEN.B near 143.46 with an upside target of 156.01. This data also tells us to set a stop loss @ 143.05 to protect against excessive loss in case the stock begins to move against the trade. 143.46 is the first level of support below 150.18 , and by rule, any test of support is a buy signal. In this case, support 143.46 is being tested, a buy signal would exist.
- Short LEN.B slightly under 156.01, target 143.46, stop loss @ 156.46 Details
The technical summary data is suggesting a short of LEN.B as it gets near 156.01 with a downside target of 143.46. We should have a stop loss in place at 156.46though. 156.01 is the first level of resistance above 150.18, and by rule, any test of resistance is a short signal. In this case, if resistance 156.01 is being tested, a short signal would exist.
Swing Trading Plans for LEN.B
- Buy LEN.B slightly over 152.76, target 156.01, Stop Loss @ 152.32 Details
If 152.76 begins to break higher, the technical summary data tells us to buy LEN.B just slightly over 152.76, with an upside target of 156.01. The data also tells us to set a stop loss @ 152.32 in case the stock turns against the trade. 152.76 is the first level of resistance above 150.18, and by rule, any break above resistance is a buy signal. In this case, 152.76, 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 LEN.B slightly near 152.76, target 147.5, Stop Loss @ 153.2. Details
The technical summary data is suggesting a short of LEN.B if it tests 152.76 with a downside target of 147.5. We should have a stop loss in place at 153.2 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, 152.76, 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 LEN.B
- Buy LEN.B slightly over 150.87, target 152.76, Stop Loss @ 150.52 Details
If 150.87 begins to break higher, the technical summary data tells us to buy LEN.B just slightly over 150.87, with an upside target of 152.76. The data also tells us to set a stop loss @ 150.52 in case the stock turns against the trade. 150.87 is the first level of resistance above 150.18, and by rule, any break above resistance is a buy signal. In this case, 150.87, 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 LEN.B slightly near 150.87, target 147.5, Stop Loss @ 151.22. Details
The technical summary data is suggesting a short of LEN.B if it tests 150.87 with a downside target of 147.5. We should have a stop loss in place at 151.22 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, 150.87, 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 Lennar Corporation Class B (LEN.B) available here: LEN.B.
LEN.B Ratings for April 06:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
130.92 |
| P2 |
146.31 |
147.5 |
143.46 |
| P3 |
150.87 |
152.76 |
156.01 |
AI Generated Signals for LEN.B
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Lennar Corporation Class B (NASDAQ: LEN.B) report below is a real world example. Included are trading plans for LEN.B, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for LEN.B:
pool ads
