Wingstop to Breakout

Wingstop has been on an uptrend, but has been fighting against resistance. If markets keep pushing higher in the short term, we should see a breakout in this stock.

Share your opinion, comments and questions. Good Luck!

I will keep updating this post.


looks like that ascending triangle is getting just about to decision point.
+1 Reply
Gerardovb98 stinkbug
@stinkbug, Its been looking really week these past days, it didn't rally with the rest of the stocks...
stinkbug Gerardovb98
@Gerardovb98, That 54 mark has been a huge challenge. but its rebounded constantly from the rising trend line and so far it seems to be holding. Its so close a decision point that i think if it heads up now it may break out...if not down we may go. The channel has been consistent for a while.
+1 Reply
Gerardovb98 stinkbug
@stinkbug, couldn’t agree more with you... i will keep watching it closely.
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