News B 15min chart triggers KDJ Golden Cross, bullish signal with Bullish Marubozu.

Thursday, Aug 28, 2025 3:22 pm ET1min read

The 15-minute chart for News B has triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu at 08/28/2025 15:15. This suggests a shift in momentum towards an upward trend, with potential for further price appreciation. The control of buyers in the market indicates a strong likelihood of continued bullish momentum.

Title: Lennar Corporation's Bullish Momentum: A Technical Analysis

On August 28, 2025, Lennar Corporation (LEN.B) experienced a significant shift in momentum, as its 15-minute chart triggered a KDJ Golden Cross accompanied by a Bullish Marubozu at 15:15 ET. This technical indicator combination suggests a strong upward trend and potential for further price appreciation [1].

The intraday surge in Lennar's stock price was notable, with a 5.8% increase reaching $130.16 and an intraday high of $130.98. This rally was driven by several positive developments, including a substantial investment by Warren Buffett’s Berkshire Hathaway and a significant technical breakout on the 15-minute chart [1].

The investment by Berkshire Hathaway, totaling $780 million, signals strong confidence in the housing market's recovery amidst easing mortgage rates and regulatory tailwinds. The KDJ Golden Cross and Bullish Marubozu pattern on the 15-minute chart indicate a sharp shift in momentum, with buyers dominating the short-term price action [1].

Lennar's performance has been particularly impressive within the Residential Construction sector. The stock outperformed sector leader D.R. Horton (DHI), which gained 5.4% on the same day. This divergence suggests that Lennar's recent product launches, such as new home collections in Anderson Farms and Florida, are resonating with investors. The broader sector momentum is further fueled by Warren Buffett's investments in multiple homebuilders, indicating a strategic bet on housing demand recovery as mortgage rates stabilize [1].

Technical indicators for Lennar B paint a bullish picture for aggressive longs. The stock is trading above its 200-day and 30-day moving averages, with the RSI hovering in neutral territory and the MACD crossing into positive territory. The upper Bollinger Band at $130.53 acts as a critical resistance level; a break above this could trigger a retest of the 52-week high at $177. While no options data is available, leveraged ETFs like XHB (Homebuilders ETF) could amplify exposure to the sector's momentum. Traders should monitor volume and turnover at 36,099 shares to confirm the strength of the rally [1].

In conclusion, while Lennar B may experience a short-term bounce following its intraday surge, the stock's ability to sustain long-term growth depends on the residential construction sector's performance and the company's strategic initiatives. Investors should remain cautious and consider the potential for consolidation in the stock's price before making investment decisions.

References:
[1] https://www.ainvest.com/news/lennar-15min-chart-shows-bullish-signals-kdj-golden-cross-marubozu-2508/

Comments



Add a public comment...
No comments

No comments yet