Today’s instrument is Lennar, a corporation operated in the household durables industry, traded on the NYSE exchange under the ticker (LEN).
Looking at the LEN’s chart, we can see that it is in a downward trend and is currently traded at around $75.80.
Lennar Corp. is announcing its quarterly earnings this week and If the market’s expectations are positive then, today we could see it rising towards its resistance level at around $77.80 otherwise, it should fall towards its support level at approximately $72.
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