Chartoholic

HOV formed a head and shoulder pattern

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NYSE:HOV   Hovnanian Enterprises, Inc.
HOV formed a head and shoulder pattern and is attempting to break out. The last candle breached the neckline on high volume but the daily close was below the neckline, long the breakout to target 139.43$, stop loss daily close below 92$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
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The stock did not break out

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