Burberry may turn around soon? EW sequenceBurberry (ticker: BRBY) reaching ~14 years lows, where the risk /reward ratio for the mid/long term starting to be favourable. I have two scenarios sketched out on the weekly, white being a 5 wave up, in which we finished 3, followed by a yet unfinished irregular flat structure as a wave 4. Yellow s
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0.13 USD
339.22 M USD
3.73 B USD
About BURBERRY GROUP ORD GBP0.0005
Sector
Industry
CEO
Joshua G. Schulman
Website
Headquarters
London
Founded
1856
FIGI
BBG000SZG4W0
Burberry Group Plc operates as a holding company, manufactures, designs and distributes apparels and accessories under the Burberry brand. It operates through the following segments: Retail and Wholesale, and Licensing. The Retail and Wholesale segment sells luxury goods through Burberry mainline stores, concessions, outlets, and digital commerce, as well as Burberry franchisees and department stores. The Licensing segment channel offers global licenses of fragrances, eyewear, timepieces and European children's wear. The company was founded by Thomas Burberry in 1856 and is headquartered in London, the United Kingdom.
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 boun
[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 a
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 trad
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 th
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Strong sellStrong buy
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.
XS283155307
BURBERRY GRP 24/30Yield to maturity
7.09%
Maturity date
Jun 20, 2030
XS223179096
BURBERRY GRP 20/25 REGSYield to maturity
6.22%
Maturity date
Sep 21, 2025
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