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.
Hi guys! This is a Technical Analysis on PZZA/ Papa Johns Pizza and its current price action showing a potential swing trade set up in my opinion.
Lets jump right in.
Note this is on the WEEKLY Timeframe.
I am currently posting this on Thursday so current candle is not yet confirmed.
Wait till friday's market close. And trading weekly candles it can also help...
Spur Bull Box has formed and the price broke up and out of it.
7>21>200 - MA bullish
RSI>50 - Bullish
Target R23.96
CONCERNS:
This stock is definitely NOT in my trading list. The liquidity is low, the candles volatility are high.
The price jumps all over the place and doesn't show any strong signs it works with breakout patterns.
Also the price patterns can...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into my key points. GRIL recently went into the market at what some may call wrong timing for the restaurant era. This is due to the Covid period, which is likely why they are suffering a really bad bearish run right...
NYSE:CMG
A day after an earnings beat, Chipotle decides to veer off course. It falls right out of the channel its been creating since November of last year. With a pretty good earnings report and projected first quarter of 2020, there is definitely room to grow. Strong revenue, more locations, and changes in their menu will keep this stock flying in 2020. It's...
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...
Still too cheap with pending earnings release, potential with bartaco and barcelona wine bar, new activist investor on the board, plenty of buyout rumors.
Following confirmation of a head and shoulders top pattern the QSR stock price could be in for a drop to around 47, with a volatility stop loss around 62.
