FriscoTrades

$TXRH Will we finally get the breakout

Long
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


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