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KBH- Short if it breaks below 14.83
KBH is also from our last weeks trading room discussion, Part of homebuilders industry which has big selling and high p/e ratios.
As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
We are looking to short at the break of 14.83
You can check our detailed analysis on KBH in the trading room/ Executive summary link here-
youtube.com/watch?v=Ke5Emg1J3xg
Time Span: 10:40"
Trade Status: Pending
As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
We are looking to short at the break of 14.83
You can check our detailed analysis on KBH in the trading room/ Executive summary link here-
youtube.com/watch?v=Ke5Emg1J3xg
Time Span: 10:40"
Trade Status: Pending
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