Setup: Short at Resistance Catalyst (If any): Economic data slowing (Hedgeye quadrant turning to 3 - Stagflation) Risk: $10 Reason for SL location: above all time high Profit targets: $28
BRG
Significantly overvalued. Great balance sheet, No debt. Profitable. Very expensive atm.
Breakout above 19.80 on volume.
Just one for the future - BRG always seem to have mega spikes on earnings announcements. One to add to the diary.