Trading Idea - Lennar Broke Resistance, What to Expect?

New York, February 10th ( - Shares of Lennar Corporation (NYSE:LEN) closed the trading session at $23.74 just above calculated resistance at $23.47 moving to what appears to be a new range, as this move will clearly raise the attention of momentum buyers.

Lennar Corporation (NYSE:LEN) builder of single-family attached and detached homes. The Company also provides mortgage financing, title insurance, closing services and other ancillary services.

Lennar's stock was trading in a well defined range with support at $21.33 and resistance at $23.47, given that this range was broken traders will be closely monitoring the stock

TradersHuddle Search

Stock Search:

Site Search:


Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

o Dow Jones 17,660.91 ▼115.21 (-0.65%)
o S&P 500 2,055.34 ▼12.55 (-0.61%)
o NASDAQ 4,861.32 ▼39.56 (-0.81%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,660.91 Trade time:12:33PM EDT Value change:▼115.21 (-0.65%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,055.34 Trade time:12:33PM EDT Value change:▼12.55 (-0.61%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,861.32 Trade time:12:33PM EDT Value change:▼39.56 (-0.81%)

In The Wires

Copyright © 2013 All Rights Reserved.