RAISING HOME BUILDER KB HOMES BUY ZONE AND TARGET ZONE AFTER EARNINGS $KBH $XHB
This post was just published on ZYX Buy Change Alert. KBH is long from $16.15. As of this writing it is trading at $19.02. Earnings are better than the consensus and the whisper numbers. Raising the target zone to $25 to $28. Raising the buy zone to $16 – $17.61. The buy zone is designed for a 70% probability of a fill in the next 120 days. What To Do Now Those in the stock may consider continuing to hold. Those not in the stock may initiate a scale in on a dip into the new buy zone. Caution: consider not chasing