- Positive MACD crossover
- Positive RSI development
- Price break through resistance at 60, breaking out of a rising triangle formation, giving a price target of 68
- Price aboce SMA 200
- Price recently get above SMA 50
Link to company information at marketwatch: www.marketwatch.com/...investing/stock/txrh
Not much of a risk on this one. Not setting a stop loss. Expect support at SMA 50 and 200 in addition to the rising trend support line.
- Positive RSI development
- Price break through resistance at 60, breaking out of a rising triangle formation, giving a price target of 68
- Price aboce SMA 200
- Price recently get above SMA 50
Link to company information at marketwatch: www.marketwatch.com/...investing/stock/txrh
Not much of a risk on this one. Not setting a stop loss. Expect support at SMA 50 and 200 in addition to the rising trend support line.