Get started
Kura Sushi USA, Inc.Kura Sushi USA, Inc.Kura Sushi USA, Inc.

Kura Sushi USA, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

KRUS trade ideas

Wake up recovery stocks and industries and this is one of them If you have not been to one of Kura's sushi restaurant at the Mall/Plaza, please try once. You'll love it! In technical point, it seems it will break up for the second quarter or third. However, after that, I don't know. My first target (if it continue to break up), $34. I have small POS now since it's hard to believe we can buy at the top of the market (although has been down for a couple of days). NO FOMO and stay nimble. Happy trading! Welcome comments below :)
NASDAQ:KRUSLong
by luckysavvytrader
1
One for the Watch List - Kura SushiKura Sushi may be setting up for a double bottom bounce from 18.50. The stock is very close to oversold on the hourly chart. A price of 18.50 or an RSI of 25 on the hourly chart would be a great entry signal. A decisive break below 18.50, however, would signal a downward breakout and further downside ahead for the stock. With a P/E around 100, Kura Sushi is probably overvalued (as IPOs often tend to be). However, the company has a sexy business model that combines food and interactive technology, and last quarter its earnings grew 80% year over year. Kura's restaurants are always packed, and with the influx of IPO investment I think the company will quickly scale. The average analyst price target for Kura Sushi jumped from about $20 per share last month to about $30 per share this month, implying about 62% upside from the current price. All analysts who cover the stock have rated it a buy. There are only a few analysts who currently cover Kura Sushi, so the average price target could change radically as more analysts add coverage. New analyst ratings will act as catalysts for the stock. For the long-term buy and hold investor, I'd be patient and look for an entry at a more attractive P/E, perhaps near the all-time low of 15.05. But for near- and medium-term traders, I think there's potential here to swing a bounce.
NASDAQ:KRUSLong
by ChristopherCarrollSmith