Could Lennar Corp fall towards the 98 level?

AAATrade Team AAATrade

Today’s instrument is the Lennar, a corporation operated in the household durables industry, traded in NYSE exchange under the ticker LEN.

Looking at the LEN’s chart, we can see that it was lastly traded at around $98.80.

Today Lennar Corp. is announcing its quarterly earnings and if the market’s expectation is positive then, we could see it rising towards its resistance level at around $100, otherwise, it should fall towards its support level at around $98.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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