$TXRH Will we finally get the breakout

NASDAQ:TXRH   Texas Roadhouse, Inc
Texas Roadhouse has been in a descending channel since April and recently put in a double bottom , which what appears to be a sellers climax and we should get a breakout here to the upside. Recently some price target upgrades - go figure

I'm long MAR 95 calls .

Note, a rejection at trend line resistance bulls would want to see support on the 88 VP shelf. I will most likely hold this swing unless a break below 88 is validated.

TXRH originally caught my eye due to the UOA some whale call buys and I like the technical set up.

First PT 95.75 , continuation there to 99.5


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.