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[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!
LSE:BRBYLong
by TheAnonymousBanker
Next GFC around the cornerS&P 500 not looking to healthy Rsi created a M top Histogram, bearish divergence OBV "M"ing out Volume has dropped of significantly while price makes higher highs Looking at a possible H&S Volume profile has a nice notch around long term reload zone The should be no reason to long the S&P500 unless you want to play the right shoulder on a smaller time frame. Imo, I think after the right shoulder is finished that's when I think the start of the global financial crisis will happen. I'm also looking for signs in the Yield cure, so far its still normal but once it turns to "inverse" we have about 6 months till the GFC hits, Id be preparing now. Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
SP:SPXShort
by Cryptonite_trader
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