RayTrounday

TXRH - End of Wave 3

Long
NASDAQ:TXRH   TEXAS ROADHOUSE INC
TXRH gapped higher with Earnings to complete a Wave 3. While I am bullish on the stock. I expect that TXRH will initiate a correction wave and for price to fill the gap that it left with Earnings before it continues to move higher to 80. Setting my initial target of ~65 by early April before it continues to move higher.
Trade closed: target reached: TXRH filled the gap today!

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