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...
These Fast Food Giants consist of McDonalds, Starbucks, YUM! Brands, Restaurant Brands Inc, Chipotle, Wendys, Darden Restaurants, Brinker International...
All Fibonacci Clusters are placed correctly. The 1 Month timeframe makes these charts realistic.
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...
ex div on 7th friday and the insiders also sold the shares its time for a down trend and looks like dri forming a double top if neckline break and confirm then 150 is target
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...
The PEAD projected a bullish outlook for $DRI after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 55.56%.
The report was amazing but it did not react that favorably. In the meantime it has completed a bullish inverse H&S and it ready to make newer highs. Very excited for this and against all odds of recession and what not, this is chugging along higher.
enjoy the ride.
Price tested the 50 SMA recently which also coincides with former resistance on the weekly at $144.
The recent close above the .78 Fibonacci level with eleveated volume is bullish, as is the cross of D+ over D- on the ADX which is also rising.
The MACD is setting up for a cross and the RSI is crossing its 14 day MA.
OBV confirms the trend.
Target:...
Dear investors,
According To my analysis of Darden Restaurats, Inc Shares (DRI), there's a high probability of an increase next year toward the levels of 160.00$ that we have seen before in 2021.
The PEAD projected a Bearish outlook for $DRI after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 82.86%.
H&S pattern and price is below the neckline.
A bullish AB=CD pattern seems to have helped DRI out as well as the 38% retracement of the impulse wave up.
Price is under the 50. The 20 appears to be acting as support recently.
No recommendation.
Short is around 4.25%
Whale opened 500 JAN 100 puts and upon checking, noticed this chart looks pretty bearish IMO.
I'm swinging JUN 100 puts tight stop as I'm looking for a quick flush now that support has been breached. Any squeeze up is a better entry to short IMO, this chart is pretty ugly.
Gap Fill below is target in the short term at 103.16
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $125.91
Target Price: $123.27
Stop Loss: $128.55
