BYND is in a strong and tight bull channel since the IPO. This bull trend from the open is what a trader wants to see when buying for long term investments. Last week formed a reversal attempt. When the market is strong, first reversal attempts fail 80% of the time and instead create the start of a second leg up. The bears will likely need some form of second...
Still too cheap with pending earnings release, potential with bartaco and barcelona wine bar, new activist investor on the board, plenty of buyout rumors.
DFRG seems forming a cup and handle pattern. We think it has very good chance to continue upward from here. * Trade Criteria * Date First Found- April 4, 2018 Pattern/Why- Fallen angel formatio, Cup & Handle formation Entry Criteria- Pullback to $15.43 or break above $16.53 Exit Criteria- N/A Stop Loss Criteria- $14.93 (updated April 12, 2018) Indicator...
DFRG is running within an upward channel formation. However, it seems forming a flag formation. If it can break out the channel, it can continue upward. * Trade Criteria * Date First Found- January 17, 2018 Pattern/Why- Flag formation long Entry Target Criteria- Break of $17.07 Exit Target Criteria- Momentum Stop Loss Criteria- N/A Indicator...