Closing price above $141 is critical

Closing price above $141 will be a buying signal for BKL as it has not closed above $141 since 9th June.

BKL will hit a monthly high at close if it closes above $141. Current RSI of 47 is not too high.

There is a gap on the chart on 19th May. It closed on 18th May at $166.88 and opened on 19th May at $165

This gap will is target price if uptrend resumes and this gap can be filled as price has not been close to this level since 19th May

Sustained price close above $141 for 4 trading sessions will confirm the buy signal.

Keep an eye for a breakout.