I think that BWLD is over sold at this price but it could continue to go down further to support at $20.
From an investors perspective, the stock is over valued. Value investors will want this much lower before buying. The economy seems to be on the verge of a recession which will also way on long term buyers minds about passing on this market.
4 comments:
Any specifc reason ?
Bullish divergence or trendline play?
too cheap!
I'm watching BWLD closely as well. I'm a buyer under $23.
-BD
I think that BWLD is over sold at this price but it could continue to go down further to support at $20.
From an investors perspective, the stock is over valued. Value investors will want this much lower before buying. The economy seems to be on the verge of a recession which will also way on long term buyers minds about passing on this market.
IMO
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