BURLINGTON STORES INC

BURL broken down from a long term rising wedge, retested the support line & falling down again. We think it has good downside potential. However we are looking for 2 entry potential, first if it pull back to $89.73 or break down $84.33 * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Rising wedge breakdown short Entry Target Criteria- Rallies ...

BURL range narrowing and looking to break below the triangle.

see chart

Why i like this stock: There was a nice move on the upside and then the stock pause for a moment because a stock cant go higher forever so it pause and yesterday the stock break out of that tight consolidation with good volume and with a very strong candle so im expecting a move on the upside and a continuation from the prior uptrend.

Tarea.

Bullish as F

The reaction to the excellent report was very strong. As on the history we can see a similar pattern, so we can try to buy. Stop under the candle. New historical high can trigger further buying by investors. This is retailer and in contrast to the sector the company shows good earning dynamics, which cannot be said about other well-known brands

The Williams % indicates an overbought stock.

I believe BURL is a Short

easy Long Setup

Key points; 1) Historic up-trending channel has been convincingly broken for some time now. 2) Prices have begun putting in lower lows without putting in higher highs, thus a downtrending channel may be emerging 3) The gap downwards which occurred in early June due to an earnings announcement has now been filled. 4) The current price is trading right at a ...

3 Insiders each just sold $550,000,000 worth of BURL after this long, persistent rally in BURL shares. 3.75 Billion Mkt Cap but only .084 Billion Free Cash Flow =2.2% return on investment Ring the Bell - Time to Sell I don't have a specific target in mind, just a lower price over time. I set a P&L for a short position and probably need to wait for a break ...