Another nice stock in a solid uptrend. And had a return to the moving average. Felt it as support. and rebounces. This up thrust made the faster moving average crosses above the slower one. Using the last up move as target and the last dip as support I stablish my entry long above 56.65 . My stop below 55.50 and my target in 60.00
Horizontal S&R: yes Channel S&R: yes MA S&R: no Stochastic turn/crossover above 80%: yes AO pullback >0= 85: ok Price Pullback Fib >0.382: yes Increasing EPS: yes Increasing Rev: yes *stop 1 atr below swing low. ** first price target is 50% the move from entry price to previous high. ***No Biotech
Long trade setup. Triangle , watch for a possible breakout
This could come good for new year.. Keeping this one on the back burner to see how it pans out... $29-$27.50 for a buy and then take profits at $45+ =============== Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy (Maggiano's) restaurant brands. As of June 27, 2012...