KB Homes (KBH) Wants $5

23 December 2011

by Ryan Mallory

One of the people on our trading netork, posted a new short position in KB Homes (KBH) and I think he'll really like how this one turns out for him. The stock is coming out of a slightly upward trading range, and is breaking hard out of it today. And with all the hype from earlier this week about all the great housing start-ups, I think this stock is ready to be faded.

23-KB Home (KBH)

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Comments

0 #1 AdamBeaty 2011-12-23 17:35

Wow that is a sexy breakdown. Wish I would have seen this chart a couple of days ago. Good find on that one.

0 #2 RyanMallory 2011-12-24 01:20

only you find the 'sexyness' in a chart - that's true passion there I guess :)

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