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13 0 2
BRBY, 1D Long
Burberry Pulling Back Briefly?

Last post: June 1st. See chart. Review: Price was starting to make new all-time highs and was looking strong. Update: Price is still looking strong and is currently doing a pullback. Conclusion: We need to see a breakout of the previous high before considering long trades. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up ...

22 0 2
BRBY, 1M Long
Burberry Could Start Trending Strong

This stock is featuring for the first time on our TradingView blogs. Current setup: Price is above the previous all-time high and making new highs. Conclusion: We will be waiting for a breakout on the daily timeframe to look for trading opportunities as this will confirm a continuation of the uptrend. If price breaks below the support levels then we will have ...

13 0 2
Burberry –Approaching bullish break, but lacks volume support

Burberry shares are up almost 3% and are the top performer in the FTSE100 index. A day end close above 1377 (Aug 24 high) would mark a bullish break and open doors for 1468 (Mar 3 high). However, check the volume… the three-day winning streak (including today’s gains) is accompanied by falling volumes. Hence, bulls should observe caution as there could be a ...

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