We are going to recommend taking profits on our long Lumber Liquidators position

Currently trading at $38.71 (9/12/17 10:15 am)
Lumber Liquidators experienced its largest down volume in quite a few sessions yesterday.  We feel at best it will go into a trading range here.  You can also see that it is trading at its overbought line of the recent uptrend.
We have reached the first upside objectives off of the point & figure chart, so we at a level where we could experience some hesitation.  There is much higher objectives so this is one to watch in the days/weeks ahead for a stepping stone count and further upside appreciation.

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