QSR been consolidating its gains after its run up from covid19 bottom. Stock is forming 3+ months ascending triangle and seems ready to begin its next move. Symmetrical triangles (unlike Ascending and Descending triangles) could end up becoming a trend reversal or continuation patterns depending on the direction they breakout into. the 200 MA is smack in the...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day and I keep my stop losses really tight. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the...
Watching this death cross for a sell signal.
Hello traders, RESTAURANT BRANDS INTL gives a buy signal, rejection of buyers on the vwap with rebound and large purchase volume. But despite this it is very plausible which rises to break its zone of equilibrium, if the angoument of buyers are there, we can make an attempt to break the new zone of equilibrium. Please LIKE & FOLLOW, thank you!
In my view, QSR sideways and don't have a clear trend until now.
Entry 51.24 Trailing stop , Trailing amount $2.00
same expectation as before. just more accurate. based on this more chance to decline technically but fundamental Q1 report can change the game as well. both scenarios are visible in the chart. 1st we had a cup and holder pattern 2nd it increased on the elliot wave as expected from cup and holder 3rd both together put the pattern to the rising wedge 4th correction...
QSR is still in a rising wedge. based on stoch RSI and wedge, we can expect short. Just be careful!
I do not have any position open, a friend of mine requested to give an analysis
RSI is just below 30 maybe we are going to extend further into oversold? Also need to break that blue line on the RSI then its definitely a buy! Good dividend as well a good long term stock to buy during corona?
Head and shoulders like pattern break down. Gaps to fill lower
Restaurant Brands upgraded to Buy from Hold at Deutsche Bank. Deutsche Bank analyst Brian Mullan upgraded Restaurant Brands to Buy from Hold. Source thefly
$QSR owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis,...
://www.tradingview.com/x/Sa2vQQey/ On the 3D chart we can see that when price action is oversold on the RSI and R% and has touched the 200 EMA it has bounced. On the 2HR we can see that not only is it forming a falling wedge, but it is resting on support that was formed on march. There is bullish divergence on the RSI and William R and in the macd histogram (hard...