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Crypt0Jack
Feb 15, 2023 4:48 PM

Red Robin Gourmet Burger $RRGBย Long

Red Robin Gourmet Burgers, Inc.NASDAQ

Description

โ‹…
Let's have some fun!

This hamburger joint chart looks juicier than most others. Clean setups across the board:

๐Ÿ‘‰Nasty downtrend (actually goes back to ~$92)
๐Ÿ‘‰~8 months of compression at historic lows
๐Ÿ‘‰Ran the all time lows before breaking up
๐Ÿ‘‰Clear ๐ŸŽฏ's, though obvious battles will likely need to be fought at each level.


Invalidation: New lows kill the setup imo.
Comments
TheSnowballEffect
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yes yes and yes Wyckoff schematic accumulation to the upside. I like the trendline target too
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