For the YTD, DRI stock has been trending downwards. At the latest earnings call (March 22, 2018) market price dropped drastically because it missed expectations by $0.02 ($1.73 v. $1.75). The missed earnings expectation exacerbated the downward trend that last about a week up to the beginning of April; the trend reversed through out the month, with robust ...
If this opens in the green I would wait for a retest of the $91 area and then look to take it to $88. This is one that I would not get into right away since I feel it will retest that support. And if she pulls past $91 then walk away
While I don't often look into the stocks market, this company is providing some good opportunity to the upside. This idea is presenting simply based on the technical perspective, so make sure you look into the fundamental aspects of the company if you are considering a longer term investment. Since September last year, price has rallied towards the recent high...
Not too sure about this one quite yet after today's price action. I do have a position at $81.50
Go long at prior pivot high $79.50!
Looking back 3 years on DRI, we can see that the price increase was far more vertical than any other years. However, as the fib demonstrates, it's on a healthy climb but it will have a big correction these next two months, maybe consolidate at best. I believe it will reverse down between $82-$77 before hitting the next ceiling at $95-$105. For those already vested...
In a sell off market like today, DRI held well especially at the $91 mark. Look for a retest of $91.50 before a break to the upside.
DRI is approaching $90. The uptrend is in progress and there is nothing that would suggest itis about to end. Hence I am holding a bullish outlook. I took this trade after price broke above $80. It's in small profit right now. I would like to see price move towards $100 and ideally beyond. I will look to add if we see more strength. It is risk free now, so am...
DRI is ready to drop - she's got the negative price action going on and she has closed below the 9 day moving average. Her closest support point isn't until she starts approaching the 50 day moving average at around 76.20. That's where I'll be targeting. Stop loss/invalidation 83.50 - If you would like to get some more analysis and some signals you can...
There is beautiful bullish consolidation on the stock chart of Darden Restaurants, Inc. (NYSE:DRI). The stock is getting ready to blast from its current price of $74.68 to $79.00. Investors should be on high alert and enjoy the ride up if they are long. This setup is a classic technical analysis pattern formation that can be found in any book. It works out a high...
$DRI WAIT FOR RETEST BUT IT MAY NOT BE ANY RETEST. JUST LOOK AT THE LAST TIME THAT IT'S BREAKING OUT.
Darden Restaurants have satisfied the masses with many brands such as Red Lobster and the Olive Garden. Right now, this stock is hot off the heels of a completed Gartley pattern that just hit target twos. We see a bearish trend starting to form, and a subsequent opportunity to get involved on a continuation play. We start to see price action starting to make...
Price in red/black upsloper reversed course after touching median line and price reversed direction at the upper parallel of the downsloper. Price must hold lower parallel of upsloper and move above upper parallel of downsloper is a buy.