It was tough to call it a trigger since it was only a mention and we covered it in the webinar but BKE nearly fell to our first target level of $17.84 today before bouncing. If it smashes below there the next target level is just above $15.00, near $15.10. As we noted, this isn’t a big dollar drop, to drop over $4.00, if it in fact gets there, but it would be a nice plunge given the price of the stock when we came across it on Tuesday at $19.54.
We’ll see on Monday if more weakness is in store.
Thanks,
Wayne