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RizeSenpai
Oct 9, 2023 12:06 AM

Restaurant Brands: Bearish Below The $62.50 Support Level Short

Restaurant Brands International Inc.NYSE

Description

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.
Comments
MyCryptoParadise_Nathan
Great analysis! Your insights are spot on.
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