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 17,090.21 ▲3.58 (0.02%)
o S&P 500 1,987.54 ▲0.53 (0.03%)
o NASDAQ 4,467.80 ▼5.90 (-0.13%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,090.21 Trade time:10:40AM EDT Value change:▲3.58 (0.02%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,987.54 Trade time:10:40AM EDT Value change:▲0.53 (0.03%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,467.80 Trade time:10:40AM EDT Value change:▼5.90 (-0.13%)

In The Wires

Copyright © 2013 All Rights Reserved.