Lennar: Price Expected To Move Upwards, Towards The $80 Resistance Level
Today’s instrument is the Lennar Corp. stock traded on the NYSE exchange under the ticker LEN.
Looking at the LEN’s chart, we can see it is in a downward trend in the past weeks and it is traded at around $64.60
Lennar Corp. is announcing its quarterly earnings today and If the market’s expectations are positive then, today we could expect the price to move upwards, towards the $80 resistance level.
Otherwise, it can test again its support level at around $62.50.
(Click on image to enlarge)
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