CLX: Clorox bleeding cash, structural short
Atualizado
I think this is a really good short setup. The company is bleeding cash, funding their huge dividend with debt, not complying with regulations regarding the usage of sustainable palm oil on their products and the technical chart shows an ideal entry against resistance here.
The entry is very tactical, a perfect technical setup, paired with bad fundamentals for this company, with only a 1% earnings yield, a 1.2% free cash flow yield, and falling free cash flow and after tax margins.
Good luck if taking it.
Ivan Labrie.
The entry is very tactical, a perfect technical setup, paired with bad fundamentals for this company, with only a 1% earnings yield, a 1.2% free cash flow yield, and falling free cash flow and after tax margins.
Good luck if taking it.
Ivan Labrie.
Nota
80 cent profit from the entry already.Nota
Hold! You can move stops to entry if you want.Nota
Great.Trade fechado manualmente
Out for now.Nota
(@ 124.31)Trade ativo
I reentered, but didn't get to update:Nota
Hold and add.Nota
Trade fechado manualmente
Trade ativo
Reshorted at 115.96
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