Since Hov hit a low of $1.00 Oct 2011, then broke out at $1.50 on hi vol Jan 2012, the 3 point reversal, "point&figure" charts have continually predicated a target of $8.00 for this stock.as we know,with p&f charts they don't take time elapsed into consideration, only behavior of the stock...as a long time believer in p&f charting this is a 400% gain for me ,to date
Sentiment: Buy