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Have Halfords shares hit a bad day buy level or not?

By Chris Bailey of Financial Orbit | Sunday 19 June 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Seven months ago, I wondered if Halfords Group (HFD) - the “largest retailer of motoring and cycling products... in the United Kingdom” - was a potential bad-day buy.  Since then, the stock has halved! Have we hit the bad-day buy level, or not?

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