Lennar Corporations stock price (LEN) fell in latest intraday trading, amid the dominance of the main downward trend in the medium term, with negative signals from the Stochastic after reaching overbought levels, while bumping into the resistance of the 50-day SMA, giving up to negative pressures.

Therefore we expect more losses for the price, targeting the pivotal support of $98.40, provided the resistance of $114.30 holds on.

Todays price forecast: Bearish

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