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How to trade Kb Home $KBH With Risk Controls

How to trade Kb Home $KBH With Risk Controls

The MarketWatch News Department was not involved in the creation of this content.

Price matters most to making money in the market. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time.

Jan 21, 2021 (Stock Traders Daily via COMTEX) —
The Kb Home (NYSE: KBH) report below can help you, but we have more details too. The trading plans for KBH, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Technical Summary

Bias

Strong

Neutral

Strong

P1

0

0

28.81

P2

38.31

36.67

36.41

P3

40.50

39.27

43.00

Long Term Trading Plans for KBH

January 21, 2021, 5:45 am ET

The Technical Summary and Trading Plans for KBH help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this KBH Report.

KBH – (Long) Support Plan

The technical summary data tells us to buy KBH near 36.41 with an upside target of 43.00. This data also tells us to set a stop loss @ 36.3 to protect against excessive loss in case the stock begins to move against the trade. 36.41 is the first level of support below 40.51 , and by rule, any test of support is a buy signal. In this case, support 36.41 is being tested, a buy signal would exist.

KBH – (Short) Resistance Plan

The technical summary data is suggesting a short of KBH as it gets near 43.00 with a downside target of 36.41. We should have a stop loss in place at 43.12though. 43.00 is the first level of resistance above 40.51, and by rule, any test of resistance is a short signal. In this case, if resistance 43.00 is being tested, a short signal would exist.

COMTEX_378070330/2570/2021-01-21T06:11:31

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The MarketWatch News Department was not involved in the creation of this content.