INITIATE OR ADD TO KB HOME $KBH $LEN $ITB $XHB

This post was just published on ZYX Buy Change Alert.

KBH is a home builder.  The new Fed statement is positive for home builders.  This morning, a competitor, LEN, reported excellent earnings.  If the housing market picks up, KBH is a high reward situation compared to other major home builders. 

Consider initiating or adding in the zone of $11 to $13.26 to build up to 50% of the full core position size.

This is a very long-term position now.  Target zone is $22 to $26.  Mental stops on half the quantity is in the zone of $9.43 to $9.83.

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