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Sinclair
9 de May. de 2016 23:26

HOV Breakout  Largo

Hovnanian Enterprises, Inc.NYSE

Descripción

After finding support from the long term uptrend, look for a breakout to $1.95 - $2.04. Prices could then retest trend before legging up again. Notice how a breakout to $1.95, would set a 1.618 extension at $2.42, which also happens to be the last high.

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I have uploaded a better version of the same chart (with better arrows)
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