This stock has a strong correlation with the 2016 stock bull market.
If the stock market continues to rally BLT will probably reach 1149.23 area.
Since my post of a coming SPX major top, the index appears to be forming a Elliott wave Horizontal Triangle.
This pattern could be complete on 9/21/16, the most likely course after that would probably be up to SPX 2230-2260 which is a zone of strong Fibonacci resistance.
BLT would probably move up to 1149.23 on that rally, it would then be vulnerable to a decline below 570.