In the previous Idea chart for DIN stock , Fibonacci levels are wrongly drawn , they are corrected here. 1/ Let me explain why previously drawn FIB levels are Wrong . 2/ In previous DIN idea chart, Fib base 100% is taken as $17.88 which is MARCH 23 close price . This level may be true when somebody is looking for intermediate trade like 30 DAY period. 3/ But...
GLHF, trade at your own risk!
* Trade Criteria * Date First Found- December 5, 2017 Pattern/Why- Momentum Breakout; Bump & Run formation Entry Target Criteria- Pull back to $50.05 or break $50.95 Exit Target Criteria- $68.73 Stop Loss Criteria- $45.83 Indicator Notes- Crossed above its MA lines Special Note- Lots of insider buying in August Please check back for Trade updates. (Note:...
$EAT Brinker Intl... relative to the casual dining segment is a leader in p/e, roe operating margins and sports a 1.89% div yield funded by massive debt. Debt/Equity = 189% vs BWLD 0.07. Operation margins are excellent vs the group but gross margins lag considerably. EAT currently trades at an astronomical 739.50 times book value vs BWLD 6.18 times. A little...