KB Homes (KBH) Wants $5
One of the people on our trading netork, posted a new short position in KB Homes (KBH) and I think he'll really like how this one turns out for him. The stock is coming out of a slightly upward trading range, and is breaking hard out of it today. And with all the hype from earlier this week about all the great housing start-ups, I think this stock is ready to be faded.
Here's the KBH chart.