Darden Restaurants ( NYSE:DRI ), the parent company of popular chains like Olive Garden and LongHorn Steakhouse, is experiencing a shift in consumer behavior that reflects broader economic trends. While lower-income customers are cutting back on dining out, wealthier diners are showing an increased appetite for restaurant meals. CEO Rick Cardenas revealed that...
If you haven`t sold DRI here: Then analyzing the options chain and the chart patterns of DRI Darden Restaurants prior to the earnings report this week, I would consider purchasing the 160usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $4.10. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain of DRI Darden Restaurants prior to the earnings report this week, I would consider purchasing the 160usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $2.67. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your...
As projected yesterday, Intermediate wave 4 could be complete based on the early morning low on June 8. There is a slim chance Minor wave B inside of Intermediate wave 4 is the current location, but that will be invalidated if the index goes above 4300 tomorrow. To recap. Intermediate wave 1 was 25 trading days and gained 360.62 points. Intermediate wave 2...
Dear investors, According To my analysis of Darden Restaurats, Inc Shares (DRI), there's a high probability of an increase next year toward the levels of 160.00$ that we have seen before in 2021.
Whale opened 500 JAN 100 puts and upon checking, noticed this chart looks pretty bearish IMO. I'm swinging JUN 100 puts tight stop as I'm looking for a quick flush now that support has been breached. Any squeeze up is a better entry to short IMO, this chart is pretty ugly. Gap Fill below is target in the short term at 103.16
Since March 26, Darden has been in an extended downtrend which just violated its regression channel for multiple trading days. This has all happened despite the S&P 500 rallying nearly 5% to all time highs over that period. Respect the channel, and short with confidence. Remember, we did this a few weeks ago with PLTR (Palantir), and the retail cult crowd was...
DRI flagging at its ATH with an inside day on Friday. Looking to enter through the high of Thursday and especially above 148. Stop is below the base of the flag below 141.
(This is not financial advice) Hello everyone, haven't seen much for swings this week. This is partly due to it being a little bit choppy and not a swingers market. I haven't done any FA on this stock but it has been continuing a uptrend for a while now in this strong upwards support and resistance. I would swing from the bottom of this support and back up and...
$DRI showing great continuation support and buyers defending nicely below 100. As long as they are able to reach back above 100, it may form a great platform for buyers to cycle up for another leg.
DRI BUY THE FEAR BUY THE PULLBACKS ENTRY 65-71 1st Target = 618 @89 2nd Target = 106 ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
Meant to buy this at 30, but got sidetracked and I'm an idiot... But, earnings beat, and with economy about to open up, this looks poised to breakout towards the 90's. This may be my trade recommendation of the week. We'll see.
$DRI weekly. Biggest volume in history this week. People will still go out to eat, and you can get this stock at NEAR 2009 LEVELS! I'm a buyer here. Sorry not sorry.
DRI had a gap up on an earnings announcement back on March 21st. The top of this gap became support while the stock price continued to rise. This rise in price created a bearish divergence with the RSI indicator. The earnings release in September led to a gap down. The price actually consolidated just below the March gap. Friday's trading has the price testing...
Looks super bullish with no flaws. They'd have to report really bad numbers to bring this gem down. RSI, MACD, BB, MA, PSAR, all check out. Price target: $140+
Order set to go long in $DRI at 122.50 if the name breaks out of the long base; 3 contractions getting tighter through the base.
September's retail sales increased less than expected, partly due to the 1.8 percent decline in restaurant spending. This was the worst decline since 2016. Partly blamed on Hurricane Florence, that static is likely to be tuned out and the trend of mean reverting to continue after Q2-18's record $3.5B in sales - the strongest in almost 30 years. BLMN is expected...