Just brokeout, RSI hit the resistance and the volume is less than average
$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.
Papa gonna take it in the shorts. I forgot about this guy and this company until I saw his recent interview. -Good R:R -At important fib levels and historical resistance -I'm bearish on restaurants anyway due to slowing growth so this lines up with my forecast of this sector -I don't see a lot of demand for Papa's and if it sells of I wouldn't expect a lot of...
Kura Sushi may be setting up for a double bottom bounce from 18.50. The stock is very close to oversold on the hourly chart. A price of 18.50 or an RSI of 25 on the hourly chart would be a great entry signal. A decisive break below 18.50, however, would signal a downward breakout and further downside ahead for the stock. With a P/E around 100, Kura Sushi is...
Still too cheap with pending earnings release, potential with bartaco and barcelona wine bar, new activist investor on the board, plenty of buyout rumors.
Very high growth stock, wouldn't be surprised to see this double in 2 years time.
McDonald's comparable sales will be aided by continued investments and menu innovation. Alongside above mentioned factors, its international presence with a softer USD will aid overall margins. However, with rising wage growth and soft quarterly restaurant spending globally, I expect profits to be under pressure. Guidance should underwhelm with the...
Can their 6.5% profit margin and $1.2 billion debt withstand a consumer downturn?
I am bearish on CMG in a short term sense. Story/fundamental/technical wise Technical: The price has breached the 200 Weekly SMA and shows weak price action. I am expecting a drop but I am unsure where it stops. Fundamentals: CMG is over valued and based on classical valuation based on DCF, CMG's fair value is at $288. Which is a big drop. In terms of PE and PS...