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 the price here but patiently wait for a dip into the buy zone.