Joe Neighbour from centralmarkets.co.uk explains why he thinks Barratt Developments (BDEV:xlon) is a sell.

House builders were under pressure last week and Barratt Developments broke below an ascending trend channel. According to Neighbour, we could see a follow through to the downside.

Joe Neighbour is looking to sell at the open with a stop loss at 502p. His targets are at 449p and 426p.

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