If you have not been to one of Kura's sushi restaurant at the Mall/Plaza, please try once. You'll love it!
In technical point, it seems it will break up for the second quarter or third. However, after that, I don't know. My first target (if it continue to break up), $34.
I have small POS now since it's hard to believe we can buy at the top of the market...
Kura Sushi may be setting up for a double bottom bounce from 18.50. The stock is very close to oversold on the hourly chart. A price of 18.50 or an RSI of 25 on the hourly chart would be a great entry signal. A decisive break below 18.50, however, would signal a downward breakout and further downside ahead for the stock.
With a P/E around 100, Kura Sushi is...
