Texas Roadhouse (NASDAQ: NASDAQ:TXRH ), a renowned name in the casual dining segment, has once again showcased its resilience and growth potential despite facing headwinds in the economic landscape. With a steadfast focus on operational excellence, strategic expansion, and prudent financial management, NASDAQ:TXRH has not only weathered the storm but also...
$TXRH operates and franchises restaurants under Texas Roadhouse breaking out of its second HTF, & VWAP from ATH on its wkly. RS bullish divergence from dec to feb is reflected on daily. one could position this on wkly as a hedge if you are overloaded with O&G & commodities name
TXRH breakout from the downtrend channel. Will take an entry on pullback to $90 level. Earnings in 10 days. So if I enter here I will be out before earnings release.
Texas Roadhouse has been in a descending channel since April and recently put in a double bottom, which what appears to be a sellers climax and we should get a breakout here to the upside. Recently some price target upgrades - go figure I'm long MAR 95 calls . Note, a rejection at trend line resistance bulls would want to see support on the 88 VP shelf. I...
Posted this idea earlier, calls now up +45% . If you didn't take a trade, I think this has plenty room to go especially with a close above the 200MA (let's see how they close it). If there is an expected retest of breakout, I will add to my position. Stop loss just above break even. Open interest of the MAR 22 95c is still 9,655 - the whale is still in this...
Caught some UOA flow for $TXRH - MAR 22 95C Current open interest is 9,487 I always study the charts when I see a big call / put buyer especially for a name that's not as common. Looks like a volume uptick from recent ER, at good volume shelf support zone and recaptured weekly 21 EMA .... bullish falling wedge pattern. Want to see this breakout or perhaps...
NASDAQ:TXRH Possible Scenario: LONG Evidence: Price Action TP1: 104$ TP2: 107$ Call options, Strike 105$, 07/19/21 *This is my idea and could be wrong 100%
NYSE Earnings strategy signal. Casual dining restaurants operator Texas Roadhouse, Inc. has been increasing sales (from $1.25 bln in 2014 up to $2.21 bln in 2018) and EPS (Earnings per share: from 1.58 in 2014 up to 2.46 in 2019) for 5 years. Four analyst companies published $TXRH rating in 2020. Two of these ratings were upgraded. The company opened some new...
Texas Roadhouse is one I've invested in for the longer term, it offers some great percentage gains on these s/r level swings. Here's my entry set-up.