Papa gonna take it in the shorts. I forgot about this guy and this company until I saw his recent interview.
-Good R:R -At important fib levels and historical resistance -I'm bearish on restaurants anyway due to slowing growth so this lines up with my forecast of this sector -I don't see a lot of demand for Papa's and if it sells of I wouldn't expect a lot of support until major areas of value.
**Trade responsibly, manage risk, do your own research
Trade active
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Closed half of my position and moved my stop loss to 62.51 for a guaranteed profit on this trade