** Likes and Comments are welcomed; New Subscribers have wings! **
What I see... :: If any restaurant would survive this pandemic, it would pizza delivery... and Wingstop type of joints where the food remains tasty (and presentable) after a delivery or curbside pick-up. I did a quick test on their website... the bill for 40 pieces of wings for pick-up was close to $50. Add another $10 for delivery! + Prices is pulled back last week and regained ground later in the week to push towards 52w high + 10ma has just crossed above the 50ma + A light dip in RSI from the overbought zone + MACD is in positive territory
- 10ma is still very far - RSI is coming close to overbought territory
What I setup... + Long above 52w high - Stop at -3w low + Target at .618 Fib :: Duration - months! -
Trade active
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Setup triggered today; Long entry!
Trade active
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Concerning to see such a weak bar painted on a very bullish day. The DOW was up 900+ points! Moving Stop to 116 to limit losses.