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RizeSenpai

Rave Restaurant Group: Diamond Bottom with a Bullish Divergence

Long
Rave Restaurant Group, Inc. (NASDAQ:RAVE)  
RizeSenpai  
NASDAQ:RAVE   Rave Restaurant Group, Inc.
Chart Patterns Technical Indicators Fundamental Analysis diamond Bullish Divergence Relative Strength Index (RSI) diamondbottom valuestock FOOD foods
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chartpattern indicator fundamental diamond bullishdivergence relativestrengthindex diamondbottom valuestock food foods
We have a MACD Bullish Divergence as the RSI begins to exit the Bearish Control Zone i also like the low PE Ratio.

I think it's in position to me a 50-61.8% Retrace upon breaking out.
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