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LONG TERM: Dragon Pattern which consists of a double bottom and supply line, and 4hr/daily classic bullish divergence (Not financial advice)
RSI divergence has indicated that the lower highs of this week compared to the higher highs of last week signifies that earnings has inflated the prices. sell off incoming and a good short opportunity for a point and a half could be coming up. look for 22.88 break
Corridor breakout past a 4-month correction. Price has been down-trending since the beginning of August and I am expecting the momentum to continue in the short-term. Wendy's is a great stock, however, we might be reaching new support before resuming the rally. This is why it is important to get out fast if we turn a profit. Lack of resistance confirmation...
Hello, WENDYS COMPANY (THE) is looking for a rise, a lot of desire had been sold to buyers. She can leave with strength, to really watch Please LIKE & FOLLOW, thank you!
Wendy spent a lot marketing and creating their new breakfast which released right when the economy was being shut down. This is a short I would like to hold three earnings. Waiting for 18.50-19 to buy puts. Stop loss at 20. Easy $$
Wendy's Tradiing Plan. Wendy's is an American international fast food restaurant chain. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a...
Possible entry $23.00 Target price $24.40 to confluence of Fibonacci expansion and extension targets Stop loss $22.50 Below breakout level. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL.
Hello folks.. This morning we were sent an article from a Wall Street friend dated December 27, 2019, approx. 4 weeks ago. Here's the link... www.restaurantbusinessonline.com Wendy's is in an uptrend moving into earnings. YUM Brands, with a market cap of over $30 Billion, could buy Wendy's without...
Here's another tip for the board. FYI... Barrick Gold (GOLD) looks like it's working out since our last tip. Wendy's just popped up on our daily scan for Bullish PMO stocks From the looks of the daily chart, the PMO is rising and almost ready to cross to the upside - BULLISH ICHIMOKU is also BULLISH Wendy's is having a chicken sandwich war with several other...
We have added WEN to our Equity Portfolio
WEN has been basing since 2008, and now that the stock is back at highs, It has potential to run an enormous amount into blue sky. Looking at entering long above the 22 level, and doubling down above the 23 level.
Major Announcement Coming with the roll-out of breakfast. Charts and Indicators look great. LONG
Downtrend line formed with points A and B, confirmed by point C. Temporality of 4 hours in Wendys action.
this is speculative and is not meant to be financial advice, but a hypothetical idea which other versed investors can agree or disagree with what is presented in this picture. Seems like a pretty simple quick 5% rip. One could maybe maximize earnings through a put play. This could also be a complete fakeout, so waiting for confirmation is crucial.
Earnings could set the direction.