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KB Homes (KBH) Wants $5

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December 23, 2011 – Comments (0) | RELATED TICKERS: KBH

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.

 

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