Darden Restaurants ( NYSE:DRI ), the parent company of popular chains like Olive Garden and LongHorn Steakhouse, is experiencing a shift in consumer behavior that reflects broader economic trends. While lower-income customers are cutting back on dining out, wealthier diners are showing an increased appetite for restaurant meals.
CEO Rick Cardenas revealed that...
If you haven`t sold DRI here:
Then analyzing the options chain and the chart patterns of DRI Darden Restaurants prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain of DRI Darden Restaurants prior to the earnings report this week,
I would consider purchasing the 160usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $2.67.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your...
As projected yesterday, Intermediate wave 4 could be complete based on the early morning low on June 8. There is a slim chance Minor wave B inside of Intermediate wave 4 is the current location, but that will be invalidated if the index goes above 4300 tomorrow.
To recap. Intermediate wave 1 was 25 trading days and gained 360.62 points. Intermediate wave 2...
Dear investors,
According To my analysis of Darden Restaurats, Inc Shares (DRI), there's a high probability of an increase next year toward the levels of 160.00$ that we have seen before in 2021.
$DRI showing great continuation support and buyers defending nicely below 100. As long as they are able to reach back above 100, it may form a great platform for buyers to cycle up for another leg.
Meant to buy this at 30, but got sidetracked and I'm an idiot...
But, earnings beat, and with economy about to open up, this looks poised to breakout towards the 90's. This may be my trade recommendation of the week. We'll see.
$DRI weekly.
Biggest volume in history this week.
People will still go out to eat, and you can get this stock at NEAR 2009 LEVELS!
I'm a buyer here. Sorry not sorry.
Looks super bullish with no flaws. They'd have to report really bad numbers to bring this gem down. RSI, MACD, BB, MA, PSAR, all check out. Price target: $140+
