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Lennar Corporation Message Board

  • thetechtraderca thetechtraderca Jun 21, 2013 11:31 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on LEN at TheTechTrader site noting: Lennar Corp. (LEN) also had a long uptrend from about the 12-13 range all the way up to the 40 range. The topping patterns and multiple bottoms were taken out with a downside thrust on Thursday, and it closed down 2.92, or 7.7%, on a whopping 1.7 million shares. That’s the heaviest volume in a down-day in a couple years. Looking at the lows and highs of the lateral support zone, it could get a bounce in there after some additional downside movement. If not, it should break as early as Friday and could fall away into the 28 range.

 
LEN
42.95-0.16(-0.37%)Sep 26 4:02 PMEDT