Technical Analysis 1W
The chart shows a breakout of the weekly uptrend line, signaling potential further downside.
Key Levels:
-Support: 206.49 USD (0.382 Fib), 152.93 USD (0.236 Fib), 66.36 USD (0 Fib)
- Resistance: 249.78 USD (0.5 Fib), 293.07 USD (0.618 Fib), 354.70 USD (0.786 Fib)
Indicators suggest weakness.
Fundamental Analysis:
Wingstop specializes in chicken wings.
Key Factors:
- Financials: Revenue growth, but high valuation increases correction risk
- Macroeconomics: Interest rates impact consumer spending
- Competition: Pressure from McDonald's and KFC
Conclusion: A break below 152.93 USD could lead to 66.36 USD. Bulls need a recovery above 249.78 USD for trend reversal.
The chart shows a breakout of the weekly uptrend line, signaling potential further downside.
Key Levels:
-Support: 206.49 USD (0.382 Fib), 152.93 USD (0.236 Fib), 66.36 USD (0 Fib)
- Resistance: 249.78 USD (0.5 Fib), 293.07 USD (0.618 Fib), 354.70 USD (0.786 Fib)
Indicators suggest weakness.
Fundamental Analysis:
Wingstop specializes in chicken wings.
Key Factors:
- Financials: Revenue growth, but high valuation increases correction risk
- Macroeconomics: Interest rates impact consumer spending
- Competition: Pressure from McDonald's and KFC
Conclusion: A break below 152.93 USD could lead to 66.36 USD. Bulls need a recovery above 249.78 USD for trend reversal.
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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.
🔗 Сайт totoshkatrades.com
👨🎓 Наш телеграм t.me/+Emgu39ENCAY3YjZk
🉐 Брокеры linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
👨🎓 Наш телеграм t.me/+Emgu39ENCAY3YjZk
🉐 Брокеры linktr.ee/totoshka55
💬 Наши контакты @Totoshkatips
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.