Financial Market Analysis
By Shawn R. Carpenter
Monday, March 26, 2007
WCI Communities Inc.
WCI Communities Inc. is looking prime for a pullback. As the home builders face huge amounts of pressure with the SubPrime loan dilemma, we should see prices sag as the mortgage and home builder environment feels the pain. One can see from the chart above that resistance is evident around the 23.00-23.15 level. Any rally would be a prime opportunity to sell short. For support/buyback levels, we can see that a price gap has occured from 20.25 to 21.69. Closing out positions in this levle would be suggested. Letting profits run to about 20.00 or 18.75 level would be acceptable as well. Good luck! ¶ 10:22:00 AM
WCI Communities Inc. is looking prime for a pullback. As the home builders face huge amounts of pressure with the SubPrime loan dilemma, we should see prices sag as the mortgage and home builder environment feels the pain. One can see from the chart above that resistance is evident around the 23.00-23.15 level. Any rally would be a prime opportunity to sell short. For support/buyback levels, we can see that a price gap has occured from 20.25 to 21.69. Closing out positions in this levle would be suggested. Letting profits run to about 20.00 or 18.75 level would be acceptable as well. Good luck! ¶ 10:22:00 AM
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
