Big lossBig loss for patent holder Barrette Outdoor Living! The CAFC ruled that narrowing arguments made in a later patent prosecution limit the scope of their earlier, already-issued patents.
This ruling severely weakens Barrette's patent claims, potentially signaling a sustained downtrend in their IP enforcement strategy and patent value.
#PatentLaw #CAFC #IPR #IntellectualProperty #Barrette
Trade ideas
NYSE - SwingTrading: Buy Signal BBSIThe stock BBSI (Barret Business Services) on our watchlist crossed a low risk enty point and generated a buy signal, we have opened a position and added BBSI to the JS-TechTrading portfolio.
SL is less than 5% (SL at 71.59), win target is > 10%.
BBSI has a high relative strentgh (IBD style) and broke out of a low risk entry point.
We have recommended to open a BBSI position to our clients in real-time earlier today.
Barrett Business Services #BBSI long target 72$
Ticker BBSI Barrett Business Services, Inc. USA, Staffing & Employment Services
Market Cap 381.26M
EPS (ttm) 6.11
P/E 8.30 EPS this Y 26.00 % Forward P/E 9.86 EPS next Y 55.29 %
PEG 0.55 EPS past 5Y 30.30 % P/S 0.40 EPS next 5Y 15.00 % P/B 2.36 EPS Q/Q -45.90 %
Dividend 2.37% Sales Q/Q 0.40%
Insider Own 3.20% Inst Own 81.00%
Insider Trans -8.40% Inst Trans -1.46%
Short Float 1.33% Earnings May 06/a
Avg Volume 70.08K
52W Range 27.25 - 95.64
The prestige of weekly chartsResistance becomes Support has a major value when there is watching from a weekly view and has a rule:
One green candlestick closing above the resistance line and more weekly candles consolidating in the new level.
Even the weekly long lower shadow (look red arrow) has more weight looking from a weekly chart





