Bon-Ton Stores has a new bullish pattern in play, levels to watch On the weekly chart there is a new active bullish price pattern, a bullish pennant, that became active when price rose above $13.25. This pattern is large, with potential on the upside to the $20 area over time. The pattern will become inactive on a move below $13 and voided on a move below $10.50. Next resistance is at $13.85.
News For BONT From The Last 14 Days
Check below for free stories on BONT the last two weeks.
Bon-Ton Stores cuts FY14 EPS to 25c-55c from 40c-70c, consensus 57c Cuts FY14 SSS to up 1%-2% from up 1%-3%; Cuts FY14 adjusted EBITDA to $165M-$175M from $170M-$180M; Sees FY14 gross margin rate flat up to 20 basis points. Sees FY14 SG&A expense rate flat to up 20 basis points. Sees FY14 estimated tax rate of 39%. Backs FY14 CapEx $75M. Cuts FY14 cash flow to $15M-$25M from $20M-$30M.