Toscana

Next week ideas: BKD

Short
NYSE:BKD   Brookdale Senior Living Inc
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7
Was sold aggressively on Fri into strong long-term support at 14.30 area. Closed into day's low, huge volumes. To me this is a sign for local downtrend continuation w/target at 13.00 zone.

5 mins chart:
Comment: this idea does not work the way i expected, the price now is above yesterday's high, which makes to re-evaluate the plan

Comments

The consolidation seem to be almost completed. $13 might be slightly out of reach.
Just my humble view. I may be wrong. :)

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