Get started
RizeSenpai

Restaurant Brands: Bearish Below The $62.50 Support Level

Short
Restaurant Brands International Inc. (BATS:QSR)  
RizeSenpai  
BATS:QSR   Restaurant Brands International Inc.
Trend Analysis Fundamental Analysis Chart Patterns fastfood fastfoodchains burgerking popeyes timhortons supportandresistancezones Contains IO script
1
1
trendanalysis fundamental chartpattern fastfood fastfoodchains burgerking popeyes timhortons supportandresistancezones containsioscript
QSR has broken below a Monthly Trend Line and has begun to attempt a break down of the $62.50 Level of Interest. If this level breaks down, we could see QSR go for at least a 0.786-0.886 retrace, which is down at around $30, as it catches up to the downside we've seen on the other fast food chains.

Related Ideas

RizeSenpai
McDonald's Corp: Bearish Deep Crab with Double PPO Confirmation
RizeSenpai
PepsiCo: 3 Line Strike at the PCZ of a Bearish Gartley
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.