Correlation with LBSA Retailer of building materials/Lumber
When inflation hits, the sellers profit the most
Long TBL may be a safe bet...
TBL trade ideas
Watch for Breakout in TBL.TOWatch for a breakout from this triangle pattern after a strong rally in 2017.
Technical target between $1.85 and $1.95 if the upside breakout occurs.
Company has always traded quite cheaply in terms of P/E as it carries a lot of debt. So mostly this is a technical play, if it can break out again to the upside.
