RBA can shine if people dine at Burger KingRestaurant Brands Asia Ltd. engages in the management of restaurants. It offers burgers, breakfast, cravers, beverages, and desserts.
Restaurant Brands Asia Ltd. CMP is 112.99. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Strong cash generating ability from core business - Improving Cash Flow from operation, Growth in Net Profit with increasing Profit Margin and Strong Momentum: Price above short, medium and long term moving averages. The Negative aspects of the company are negative Valuation (P.E. = -26), Stocks Underperforming their Industry Price Change in the Quarter, Book Value Per Share deteriorating for last 2 years and Inefficient use of shareholder funds.
Entry can be taken after closing above 114 Targets in the stock will be 117, 119 and 123. The long-term target in the stock will be 127 and 133. Stop loss in the stock should be maintained at Closing below 103 or 98 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Restaurantbrands
RBA striving for making a come back. Restaurant Brands Asia Limited was originally incorporated as Burger King India Private Limited on November 11, 2013 at Mumbai. Subsequently, the Company converted into a Public Limited Company and name of the Company was changed to Burger King India Limited on September 25, 2019. Thereafter, name of the Company was changed from "Burger King India Limited" to "Restaurant Brands Asia Limited". The Company is engaged in the business of Quick Service Restaurants under the brand name of "Burger King" and is presently a subsidiary of QSR Asia Pte.Ltd. The Burger King brand is the second largest fast food burger brand globally as measured by the total number of restaurants, with a global network of over 18,000 restaurants in more than 100 countries.
CMP of the stock is Rs. 105.10. The Negative aspects of the company are Companies not able to generate net cash, MFs decreased their shareholding last quarter and High Interest Payments Compared to Earnings. The company's Positive aspects are Stock with Low PE (PE < = 10), Highest FII stock holdings, Company with Zero Promoter Pledge and Company with Low Debt.
Entry can be taken after closing above 107. compounding can be done after closing above 111. Targets in the stock will be 118 and 123. The long-term target in the stock will be 129 and 134. Stop loss in the stock should be maintained at Closing below 95.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
RBA LTD - DOWN TREND BREAKOUT STOCK FOR SWING TRADINGDown Trend Breakout Stock
Enter above - 107
SL - 98
Target - 117, 133
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we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Fast Food and Dining Stocks: Macro Fib SchematicsThese Fast Food Giants consist of McDonalds, Starbucks, YUM! Brands, Restaurant Brands Inc, Chipotle, Wendys, Darden Restaurants, Brinker International...
All Fibonacci Clusters are placed correctly. The 1 Month timeframe makes these charts realistic.
PZZA - Papa Johns Potential Swing setupHi guys! This is a Technical Analysis on PZZA/ Papa Johns Pizza and its current price action showing a potential swing trade set up in my opinion.
Lets jump right in.
Note this is on the WEEKLY Timeframe.
I am currently posting this on Thursday so current candle is not yet confirmed.
Wait till friday's market close. And trading weekly candles it can also help to wait for the next 1 or 2 week candle closes for Confirmation.
BUT i will do MY VERY BEST to keep you updated. (So follow me if your interested)
Okay FIrstly PRICE ACTION:
Current movement is breaking out of this Red Sloping Resistance line from our TOP (December 2021), We need to see if we stay above this, and it act as support in coming weeks.
We are also moving above the GREEN Moving average, the 50 DMA, which we've been below about 5 months or 20 weeks. So it can be probable that we stay above it for atleast couple weeks, at the very least. Since we havent in some time.
This move or MOMENTUM comes from testing and confirming SUPPORT from the convergence support line of the 2 white support lines from previous history dating back, December 2008 and July 2018, respectively.
ALso note, the 2 green curved lines drawn, this indicates double bottom, which could also be adding to this upward move.
My Target is where the RED Horizontal resistance line and BLUE moving average, the 100 DMA CONVERGE. For a return of 14%, before a possible PULLBACK.
Now with PRICE ACTION, i combine some indicators usually momentum indicators to see whether or not certain areas will have enough or continue to have enough momentum to push through.
Firstly we have the RSI -> The most important thing for me is to create a higher high on the RSI above this HORIZONTAL WHITE LINE. If we are above it come end of Friday, i see it as a good sign.
Next we have the MACD.
Notice we have a bullish cross, where blue line is above orange/red line with dark GREEN Histograms growing tall. -> You wanna see this for bullish case.
Also notice how the white sloping line, highlights how the RED histograms have been getting smaller, showing waning bearish momentum.
We are also below the 0 level, if we can get above this with the Bullish cross of the blue/red lines, it can be extremely BULLISH. It could have enough momentum to push passed the RED HORIZONTAL line @ $96.00
So keep an eye on MACD, in next coming weeks.
Next is ADX & DI. Notice the white box, coinciding with December 2021 TOP.
This was BEARISH indicated by RED line on top of Green line.
Now coming to recent action, GREEN line is now crossing over red.
Notice the WHITE horizontal line, if Green line can move above, this will indicate a higher high and a good sign.
Also the white Moving average, can play a factor. If it crosses the green line when the green line is above red line, this can have bullish indication. Notice the previous history and the green circles highlighting the crosses.
Lastly, the idea of BULLISH DIVERGENCE is a possibility.
This is when Price action has lower lows but indicators show higher lows. WHen this happens, price action eventually catches up to match indicators with massive gains to the UPSIDE.
Notice the RED line in RSI, indicating higher lows. But price action showing double bottom or sideway action. This could be a variation of a DIVERGENCE but also could mean the divergence hasnt formed yet, implying a future PRICE DROP creating a lower low.
CONCLUSION:
All in all, many things are happening in PZZA price action, indicating a battle for trend reversal. Weekly charts help show a more macro view of whats to come compared to Daily charts. We have a potential break of a MAJOR resistance line from December 2021 top, a reclaim of the 50 DMA, and a move of atleast %14 happening. We could have a potential double bottom formation with a bounce from converging support lines, in play. Indicators also show probability of momentum still left in the tank for prices to continue Up. On the downside, there is always chance of price moving down, and a potential of a Bullish divergence, though a great sign overall could mean a short term price drop for it to play out.
Anyway i hope this helps. Let me know what you think by COMMENTING! Please, if you like this analysis, do boost and follow for updates/ other charts on all kinds of trade-ables.
DISCLAIMER: I am not a financial advisor. This is not financial advise. This is my opinion and for educational expression. Risk management should always be a majority of your strategy, do practice proper risk management and issue stop losses. Thank you.
The Spur Group is ready to rocket to R23.96Spur Bull Box has formed and the price broke up and out of it.
7>21>200 - MA bullish
RSI>50 - Bullish
Target R23.96
CONCERNS:
This stock is definitely NOT in my trading list. The liquidity is low, the candles volatility are high.
The price jumps all over the place and doesn't show any strong signs it works with breakout patterns.
Also the price patterns can move sideways for a long period of time.
Maybe for an investor it's ok to hold, but with trading it won't work.
ABOUT:
The South African Spur Group (Established in 1967 in Cape Town) is a chain of restaurants and steak houses.
With over 330 restaurants across the country, the restaurant chain is known for its western-style menu, which features a variety of steaks, burgers, Buffalo wings (love them), hot rock ribs, and salads.
It's also expanded into several other African countries, including Namibia, Botswana, Zambia, and Zimbabwe.
GRIL: $2.84 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into my key points. GRIL recently went into the market at what some may call wrong timing for the restaurant era. This is due to the Covid period, which is likely why they are suffering a really bad bearish run right now. (Talk about IPO'ing at the wrong time). However, compared to competition, they have A) Much higher growth potential B) Right now the resistance isn't as high as it still could be given the time period we are in. The market cap is small, but after the 3.45% growth today and seeing that there is still price correction potential, I have my hopes up.
Will $CMG find its way again?NYSE:CMG
A day after an earnings beat, Chipotle decides to veer off course. It falls right out of the channel its been creating since November of last year. With a pretty good earnings report and projected first quarter of 2020, there is definitely room to grow. Strong revenue, more locations, and changes in their menu will keep this stock flying in 2020. It's just a matter of how high.
Sorry PapaPapa gonna take it in the shorts. I forgot about this guy and this company until I saw his recent interview.
-Good R:R
-At important fib levels and historical resistance
-I'm bearish on restaurants anyway due to slowing growth so this lines up with my forecast of this sector
-I don't see a lot of demand for Papa's and if it sells of I wouldn't expect a lot of support until major areas of value.
**Trade responsibly, manage risk, do your own research
Del Frisco's remains a buy pre-earnings Still too cheap with pending earnings release, potential with bartaco and barcelona wine bar, new activist investor on the board, plenty of buyout rumors.