Just popped out of a bearish rising wedge... This thing's way overdone since late Sep, it's coming back to the 200 DMA within 2 months.
Cracker Barrel Old Country Store, Inc. (CBRL) shares are trading at $144.45, down -4%. In today's earnings, comparable retail sales rose 1.3%, however, restaurant revenue grew by a meager 0.9%, which sent the stock down. What should investors know about Cracker Barrell Old Country Store? What's CBRL stock price forecast? Cracker Barrel Old Country Store stock...
CBRL reported and missed today. I love this gap below support and think this could run.. This is a potential bill paying trade for people. I'm getting in at the open if it opens below this enter line.
The Broadening Top pattern forms when the price progressively makes higher highs (1, 3) and lower lows (2, 4) following two widening trend lines. The price is expected to move up or down past the pattern depending on which line is broken first. A bit of a toss up since the broadening top formation appears much more frequently at tops than at bottoms, and therefore...
CBRL is bouncing off its green trendline and I am expecting it to go back up to as high as within the red resistance lines. It is coming off a decent earning and has a good dividend yield.
Looking to break 148.43. Target 139.13, Stop signal 152.33 * Trade Criteria * Date First Found- August 23, 2017 Pattern/Why- Key support breakdown short Entry Target Criteria- Break of $148.43 Exit Target Criteria- $139.13 Stop Loss Criteria- $152.33 Please check back for Trade updates. (Note: Trade update is little delayed here.)
I like this stock and these are my thoughts: The stock stopped today at a very strong support that lasted from 2015-03-31 to today. It was a resistance from the beginning to 2016-05-31 and then the resistance line became a support line. The stock bounced 3 times and bounced back higher and im expecting the same thing tomorow. There is a nice engulfing pattern so...
CBRL at a very good support. Could bounce nicely! IF this triggers soon, shares are an okay choice. But dividends is approaching. Remember, if you're in short a dividend paying stock, you have to pay those..; ) Could CBRL bounce bullish from here? Yes. Today is a NICE tweezer bottom.
Waiting for this to fill the gap at around $156. Lets see ..