TAKE ADVANTAGE OF THE STRENGTH TO TAKE PARTIAL PROFITS ON KB HOME $KBH

This post was just published on ZYX Buy Change Alert.

KBH is long from an average price of $16.83.  50% of the full core position size is being held.  As of this writing the stock is trading at $17.20.  Consider taking partial profits on a 20% tranche in the zone of $17 to $18.43.

The new target zone is $23 to $26.

The new buy zone is $14.13 to $15.33.

If there is a dip into the buy zone, consider adding 30% of the full core position size for a maximum of 60%.

KBH is a home builder.  Home building is on an upswing, however if interest rates spike up, this stock will dip giving an opportunity to buy at a lower price.  It is prudent to reduce risk by selling into the rally this stock is experiencing.

What To Do Now?

Those in the stock may consider continuing to hold  the remaining 30% after this partial profit taking and add on a dip into the buy zone.

Those not in the stock may consider scaling into the position on a dip into the buy zone.

You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

FREE: SUBSCRIBE TO ‘GENERATE WEALTH’ NEWSLETTER