PLAY Analysis of Dave & Buster's Entertainment, Inc. (PLAY)
Current StatusPrice: $39.58
Moving Averages: Short-term moving averages indicate bearish momentum, with the price currently below them.
Bullish Scenario
Bullish Trigger Line: $39.78
Confirmation: A break and close above $39.78 could signal a potential bullish reversal.
Target Prices for Bullish Scenario:
Target Price 1: $40.80
Target Price 2: $44.63
Ultimate Bullish Target: $50.35
Bearish Scenario
Bearish Line: $38.79
Confirmation: A break and close below $38.79 would reinforce bearish sentiment.
Target Prices for Bearish Scenario:
Target Price 1: $37.69
Target Price 2: $35.44
Additional Observations
Volume: There was a significant volume spike recently, suggesting strong market interest and potential for volatility.
RSI (Relative Strength Index): Currently below 50, indicating bearish momentum but showing signs of potential reversal.
Trade closed: target reached
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.