Watch These KB Home Stock Price Levels As Shares Slide After Earnings Report
KB Home(KBH) Investopedia·2024-09-25 03:25
Key TakeawaysKB Home shares dropped 6% in extended trading on Tuesday after the homebuilder missed Wall Street’s third-quarter profit expectations.The stock sits poised to fall below the lower trendline of an ascending triangle on Wednesday, opening the door for further price fluctuations.Investors should monitor key post-earnings price levels on KB Home's chart at $79, $72, and $64.A measured move, which calculates the distance of the ascending triangle near its widest point and adds that amount to the pat ...