Burberry lowest its been for 4 yearsBurberry is an iconic brand, a household name and a famous luxury goods manufacturer. Selling at a 4 year lowLongby Shaun_Parker6
Burberry - Sitting at strong support - 1035pBurberry - Sitting at strong support - 1035pby darkhorse0072
BRBY Long I will be keeping a close eye on BRBY this week especially the 1980 level which has played a role as resistance since the level broke back in October of last year. The price has been tickling the level for around two weeks but never had the momentum to break through, after the huge sell off an bounce back we experienced last week you'd have to guess that most the seller/shorters either lost their shirt or lost interest as their positions reversed clearing the way for more buyers to break 1980. I will be placing a stop order above the high of the previous break out attempt at 1991 buying into a position divisible to three equal parts which will be trimmed at the overhead resistance points to leave one third running. I am aware that the large psychological number of 2000 hangs ominously over this current consolidation the more conservative trader may want to see how the level performs before entering but for me, I am happy to play through 1980. AS always feel free to let me know if you see things differently and if you want to see more UK based stock content be sure to follow me, happy trading. Joe LSE:BRBYLongby Joevose3
Consolidation 1818-1585.5 (BRBY)We see nice range between 1818-1585.5. I think we can try to swing trade in this range. But I think better to get in the game at the time of breakdown. Let's seeby Buckswheat2
[BURBERRY] SIMPLE SETUPSimple bullish setup with good Money management (R/R> 1:3) Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company's segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts. The Licensing segment is engaged in the receipt of royalties from the Company's partners in Japan and global licensees of eyewear, timepieces and European childrenswear. The Company's product divisions are Womens, Mens and Childrens apparel, Accessories, and Beauty (which includes fragrance and make-up). Its subsidiaries include Burberry Latin America Holdings, S.L, Burberry (Suisse) SA, Burberry (Taiwan) Co Ltd, Burberry (Thailand) Limited and Burberry FZ-LLC. If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care! Longby TheAnonymousBankerUpdated 18
Burberry down. The Entry My favourable entry would have been at 1856.5, however the current price at 1729.0 is a clear break down of the 0.382 fib level This is also tied to the overall bearish market direction and sentiment The Situation Technology stocks have taken a beating and in light of the trade tensions and lower CN travellers, luxury stocks are in a very uncertain position. Recent Sales numbers have slow continued to slide Issues & Risks There is a new Creative director, but I am not sure that is enough to change a business in the short term. I am also worried about hitting my target price at 1502.5, so we will have to break up my buys in to 3 batches to lower the risk Shortby Ronin_trader2
Burberry...Burberry, 4 days ago hit bottom...struggled to continue. Opened a long position on 24/09 Entry: 1995 Let's see..Longby Durius2
Burberry In ConsolidationLast post: June 10th. See chart . Review: Price was pulling back in the last post. Update: Price has gone into a mini consolidation. Conclusion: Standing aside until we get a breakout of the consolidation zone, but overall the trend is up. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime TradingLongby Sublime_Trading4
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 if you share our sentiments! Sublime TradingLongby Sublime_Trading3
Burberry Could Start Trending StrongThis 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 to stand aside. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading Longby Sublime_Trading3
Burberry to Bounce? Liberal TradeBought Burberry back on January 30. It is a small and rather an unusual liberal trade for me. I am looking for price to bounce up to 1770 within a few weeks. Otherwise, I am stopping myself at 1484.Longby KenaweeUpdated 0
Burberry – Bearish RSI divergence on weekly chartBearish divergence if followed by a downside break from the rising channel would signal the rally from 1039 (June 13 low) has topped out at 1879. The stock could then proceed to test demand around 1543 (April low). by TipTVFinance4
What is BRBY up too?! Could be a strong ShortCould be a double top appearing (second top slightly smaller than previous) BRBY seams to respond to DBs & DTs so may be a major short Also quite a steep rise...so doesn't look too sustainable. Thoughts..?! Shortby hugomayhewUpdated 2
Burberry at 5-month rising trend lineMACD, though below zero, shows the momentum has stalled. A day end close below the rising trend line would open doors for a further sell-off to 1277 (August lows). It is advisable to be on a 'wait and watch' mode. On the higher side, only a daily close above 1450 would signal a possible revisit to recent highs around 1550. by TipTVFinance1
Burberry –Approaching bullish break, but lacks volume supportBurberry 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 shake off following a bullish break. Note, there is a bullish 50-DMA and 200-DMA crossover on the chart. Overall, dip demand is likely and bullish invalidation is seen only below 1277 (Aug 4 low). by TipTVFinance2
Burberry – double bottom once falling trend line is breached Burberry's sharp rise this week suggests a bottom is in place around 1080 and once prices break above falling trend line hurdle seen today at 1320, the doors would be opened for a test of double bottom neckline resistance at 1468. On the other hand, a failure to break above weekly 50-MA level of 1261 followed by a retreat below this week's low of 1160 could yield a re-test of latest cyclical low of 1040. The likelihood of the share breaking above falling trend line hurdle is high, given the bullish weekly 5-MA and 10-MA crossover accompanied by a sharp rise in volumes this week. by TipTVFinance2