I think the medium and long term future of this stock is numbered. The move in 2018 was the clear sign. There is a chance it can bounce from here but the moves in the last yr are all corrective. And for ppl comparing the Feb bounce to this one, I wouldn't be so sure. The feb bounce was instant if ppl can remember. This bounce yesterday was very timid in comparison. She will break down unfortunately and the insto's know it whence the short volumes interest.
Look at the chart on the daily it's new lower low. And lets be honest here, globally we're going lower this consumer stock will not be strong enough to buck the trend.
Save your amo for when it's a screaming buy at lower levels.
BAL - Chart, page-3684
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