Trading Idea - Lennar Broke Resistance, What to Expect?

New York, February 10th (TradersHuddle.com) - 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:

Loading

Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 16,501.65 0.00 (0.00%)
o S&P 500 1,878.61 ▲3.22 (0.17%)
o NASDAQ 4,148.34 ▲21.37 (0.52%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:16,501.65 Trade time:4:32PM EDT Value change:0.00 (0.00%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,878.61 Trade time:4:32PM EDT Value change:▲3.22 (0.17%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,148.34 Trade time:5:15PM EDT Value change:▲21.37 (0.52%)

In The Wires

Copyright © 2013 TradersHuddle.com. All Rights Reserved.