Liberty 77 Fund Reports a $2.4 Million LGFA Purchase

Director Oscar Munoz revealed a purchase of $242,109 in CBRE Group Inc $CBRE.

In another Form 4, the president and CEO of Franklin Resources $BEN reported a purchase of 12,700 shares.

The stock has been carving out a base for roughly three years.

Price is currently piercing above the top of the range as buyers work on absorbing all the overhead supply at this resistance zone:

Notice the 200-day moving average has started to curl higher, indicating a new uptrend is underway.

The line in the sand for CBRE lies at 111. If we’re above that level, the path of least resistance is undoubtedly higher toward 140.

Stay tuned. We'll be back on Wednesday with more insider activity.

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