You have to reach deep to find a single technical indicator to support owning this stock. RSI, MACD, Williams %R and AD all trending down. Staying in NDLS now is an emotional mistake and a fundamental disaster. Want something on the upswing? Put your proceeds in MSRT
entry price 7.05. risk reward ratio is quite nice.
With a current market cap of about $990 million, compared to CMG at $16.5 billion and PNRA at $4.8 billion, NDLS is much smaller in comparison. Current CEO Kevin Reddy and COO Keith Kinsley joined NDLS after leaving CMG and played a key role in the early growth stages of the Mexican food chain, which is up 80% year to date. Currently only in 26 states, the...
Since the launch of the IPO there have been a few opportunities where traders can profit buying between 39-42 level and selling at the 46-49 level.