Home     Forum     401k     401k Rollovers
    Register   Login   Members   Search   FAQs     Recent Posts    




KB Home (NYSE:KBH) Soars On Earnings, Here Is The Target

Reply to topic
Money Talk > Investing, Stocks and Bonds

Author Thread
inthemoneystock
Contributing Member


Cash: $ 7.25

Posts: 26
Joined: 12 Jan 2011
Location: New York City, New York
KB Home (NYSE:KBH) Soars On Earnings, Here Is The Target  Reply with quote  

Shares of KB Home (NYSE:KBH) jumped sharply higher after reporting better-than-expected earnings and upped guidance for the coming year. The home builder saw its stock jump over 11% in trading on Thursday, moving above the $38.00 level. With KB Home stock up almost 100% since September, investors are wondering if now is the time to take profits and possibly short. Based on chart analysis, the target for this current move is $41.00. In other words, there is still another almost $3.00 upside before the risk/reward is in the seller's favor. I will be looking at this $41.00 level for a short.





Gateth Soloway

InTheMoneyStocks
Post Thu Jan 11, 2018 6:48 pm
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      





Money Talk © 2003-2018