Hovnanian Enterprises in action today
Shares of Hovnanian Enterprises rose more than 5% to 35.15$, after Bank of America upgraded stock to “buy” from “neutral” , which said the markets the company serves are stabilizing. In the daily chart all Indicators are showing that stock is now in a Bull Market with MACD above 0 and stock trading again above 50 dma and 200 dma. Today HOV broke out of an important consolidation area with excellent volume and will likely have the attention of the swing-traders in the next sessions.
Stocks to watch tomorrow : AMZN , ERTS , ISRG , WINN
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!!
AC
Labels: HOV
