Tuesday, February 7, 2012

A look at Hovnanian Resources (HOV)

Update 2/9/2012 - HOV trades over 3 up 9% today into 3.2 After hours.

4 hour HOV.. 
4 hour HOV .
The stock has move rather smoothly up into the current level of 2.96. Stockmonster thought the stock looked good as a long around 1.27.. I am looking for a trade over 3 dollars and a possible squeeze. we shall see. drillers/materials doing well also.