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...
