BKL Chart, page-412

Hi Function, agree i dont like unfounded statements on SP predictions .I prefer to say i feel that it will move up substantially and give a range of price (in this example $165-$180)

I invest based on TA & FA and also look at momentum and have traded in and out of BKL on several occasions sometimes winning sometimes missing opportunity but overall on a good profit.

This company ticks most boxes for me, i was tempted to try a trade (sell at 159 re enter at 155) but for the % gain i felt it wasnt worth the risk. I dont want to be out of this stock for very long as it moves quickly


Theres a few reasons that i feel bullish

Its still sitting above its MA
Its had a positive move up in the lead up to the FY reports
history of outperforming its guidance
history of revising any guidance moves prior to the FY
As a business its profit is outstanding

many more....

GL with your trade, i think you may get a chance to buy back on a bad day if it dips to the 150 mark , but im thinking that may be a new support level soon. but hey who can guess the market these days!