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.
Inverse Cup and Handle forming for Wendy's on the daily chart. Expecting to meet resistance at the handle before moving lower towards the long term trend line.
WEN is trading in a channel. With a simplistic analysis using trend lines, I have predicted the stock price will reach $18.25 by November 2nd
summer been good to $wen should see more activity w/ labor day
Looking for price to break ATH, but more likely, it will bounce off and pull back. Overall, very bullish uptrend here. Might be able to catch a small short here and ride back up again.
WEN: wendys company 2018-02-15 16:05:02 Detected possible stock repurchase
In this activity (The Technical Analysis) there are a lot schools and theories, the methodology that I follow and use is called by Americans: Price Action with Chart Pattern analysis plus Candlesticks but without indicators (large name for a simple thing) It's a raw way to do the things but work and this means that if you are a user of this technique I do not...
More expected upside as calls are outpacing puts 100:1 primarily on the January 19th 2018 17.00 call. NASDAQ:WEN
* Trade Criteria * Date First Found- August 23, 2017 Pattern/Why- Key support breakdown short Entry Target Criteria- Break of $14.93 Exit Target Criteria- $13.57 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
$After the first run up WEN found Support at $15ish and made a nice base on the Daily Chart. Looking now for continuation with a push of Volume through $15.80 to set new highs. Target 17.50ish.
Spotted a lot of insider buying that could make this go parabolic soon
Retest of .618 of Uptrend Successful. Further good news is it's around the .38 of long-term (previous downward) trend. Also, just above the 100 EMA.
After 2 months of decline Wendy's seems to be on the rise since July 1st. It also seems to follow that pattern: 2 months down follow by 2 months on the rise. On the next month will it follow its uptrend pattern?