CLX: Clorox bleeding cash, structural short

Zaktualizowano
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.
Uwaga
80 cent profit from the entry already.
Uwaga
Hold! You can move stops to entry if you want.
Uwaga
Great.
Zlecenie zamknięto ręcznie
Out for now.
Uwaga
(@ 124.31)
Zlecenie aktywne
I reentered, but didn't get to update:

snapshot
Uwaga
Hold and add.
Uwaga
snapshot
Zlecenie zamknięto ręcznie
Zlecenie aktywne
Reshorted at 115.96
cloroxCLXkeyhiddenlevelspalmoilrgmovstructuralshorttimeatmode

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