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DARDEN RESTAURANTS INC COM STK NPVDARDEN RESTAURANTS INC COM STK NPVDARDEN RESTAURANTS INC COM STK NPV

DARDEN RESTAURANTS INC COM STK NPV

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0I77 trade ideas

DRI: Trend Channel Break and DropSince 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 out in force to tell me I was an idiot. Guess what? Math won, and PLTR has tanked by nearly 20% in the last 3 weeks. Some non-professional investor's opinion about "fundamentals" based on things they read in the public media is unlikely to be any sort of edge under even the soft form of the Efficient Market Hypothesis. But channels and trend following have a long history of success. Here would be a response to the fundamentalist crowd: 1. All the possible good news around reopening is priced in, yet DRI is still in an extended downtrend. 2. COVID variants make moving past COVID problematic 3. Anti-vaxxers are holding the economy hostage, and this especially effects stocks like this that own fast casual restaurants.
NYSE:DRIShort
by dtingbudong
Bullish on DRI(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 maybe buy puts back down pretty confidently. I'm also watching the volume because as it enters certain amounts it often pumps up. If you agree or disagree be sure to leave a comment and like and follow. If you have any stocks I should check out let me know! - Thanks! - Vlaire
NYSE:DRILong
by vlaire
Watch daily and 30m charts for swing put entry in next 2 daysI am wondering if price will reach the top pink line on Monday (149-150). If there is a higher close on Monday I will be comparing RSI to the previous high (not Friday's #). If price stalls between 146-148 I will look for technical signal to buy puts. Check weekly chart and you will see RSI is over 70, which happens rarely, and price has been unusually far from 20sma. I decided to use the 14-day RSI for this idea (instead of 7-day) because there are fewer dips and peaks so I can focus on "bigger" price turns. Watch 30m chart for next 2-3 days for a setup Alerts if price under 145, over 149 Swing puts with April or May expiry
NYSE:DRIShort
by OptionsRising
2
DRI Swing IdeaDRI ( NYSE:DRI ) has been generally trading in-line with the S&P 500 index ( SPCFD:SPX ) for the last 6+ months until their recent earnings reaction propelled the stock above the 200 day moving average relative to SPX, indicating the stock is primed to out-perform the index. The DRI price chart has taken over the 200-day moving average, retested, and continued. This observation paired with recent earnings momentum makes for a solid short-term swing trade opportunity. Consumer Discretionary ( SPCFD:S5COND ) has been outperforming the SPX on a relative basis while trading above the 200-day moving average (indication of an up-trend) for the last 5 months.
NYSE:DRILong
by cwood119
$DRI can rise in the next daysContextual immersion trading strategy idea. Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants. The share price rose after a good earnings report. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from $97,31; stop-loss — $92,31. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:DRILong
by KozakHlib
Cup and HandlePrice is slightly above long entery level No recent rising wedges Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 31, 2020, it owned and operated approximately 1,804 restaurants, which included 868 under the Olive Garden, 522 under the LongHorn Steakhouse, 165 under the Cheddar's Scratch Kitchen, 81 under the Yard House, 60 under The Capital Grille, 44 under the Seasons 52, 41 under the Bahama Breeze, and 23 under the Eddie V's Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida. Not a recommendation
NYSE:DRILong
by lauralea