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Myantman101
Jun 7, 2021 6:25 PM

Restaurant Brands Breakout  Long

Restaurant Brands International Inc.NYSE

Description

Based on technical analysis, I see Restaurant Brands breaking through resistance which is the red cloud above the candles.

Heres why I believe this,

Double Buy signal on the Guth 3x confirm which is highly accurate

Growing bullish divergence as indicated by the MACD and D+ ( green shadow below candles representing growing bull strength )

Daily volume is low meaning the selling of should be nearing and end initiating a bull cycle as investors buy this low

Comment your thoughts below & like if you see this happening

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