BIG Big Lots June 20, 2009
Posted by wallstreetbuddha in Uncategorized.Tags: BIG
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The company is inherently healthy, but nothing dynamic in the financial statements. I’m seeing support at exactly $20 as a long term critical price level. It’s also in been in an intermediate downtrend which looks like it can rally any time soon. Given the market conditions I would hold off. Ofcourse, given a break down of any of these key support levels would instigate a short position.
