Possible gainFirst target: $23
~2.6% profit.
Second target: $25
~9.8% profit.
That sees how far it will go after we reach the first target.
For self-education use only. Not financial advice.
WEN trade ideas
Wendy'sI was hungry, so I started thinking about the best breakfasts. I'm letting my stomach guide me to the heavens. It's getting warmer. Wendy's normally has nice promos. What's better than a nice frostie with the fry dip? lol. Free cashflow slowly improving. Liabilities and debt slowly decreasing. Assets shrunk but not as much difference compared to the difference the liabilities and debt showed. I did a quick research so please don't take me for fact.
Hopped in an option that expires March 19th. Pray for me....
Strike price: $21.77-$23.14
Like, Follow, Agree, Disagree!
What do you think?
I am a rebel to society....I will lose until I figure it out. The day I give up is the day I've truly lost!
WEN Buy- Bullish RSI and MACD
- Entered price: 20.9381
- Double descending wedge
- Stop loss: 19.98
- First take profit: 22.87
- Second take profit: 25
WENLONG TERM: Dragon Pattern which consists of a double bottom and supply line, and 4hr/daily classic bullish divergence (Not financial advice)
WEN sell-off incoming RSI divergence has indicated that the lower highs of this week compared to the higher highs of last week signifies that earnings has inflated the prices. sell off incoming and a good short opportunity for a point and a half could be coming up. look for 22.88 break
WEN - 5.20% Potential Profit - Corridor BreakoutCorridor breakout past a 4-month correction.
Price has been down-trending since the beginning of August and I am expecting the momentum to continue in the short-term. Wendy's is a great stock, however, we might be reaching new support before resuming the rally. This is why it is important to get out fast if we turn a profit.
Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is tight to reflect that.
- Target Entry $20.65
- Target Stop Loss $21.04
- Target Exit $19.56
About me
- P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
WENDYS COMPANY (THE) idea daily purchaseHello, WENDYS COMPANY (THE) is looking for a rise, a lot of desire had been sold to buyers. She can leave with strength, to really watch
Please LIKE & FOLLOW, thank you!
Wendy's 4 for 4 feeding the 20 million unemployedWendy spent a lot marketing and creating their new breakfast which released right when the economy was being shut down. This is a short I would like to hold three earnings. Waiting for 18.50-19 to buy puts. Stop loss at 20.
Easy $$
Fast Food Stocks: Wendy'sWendy's Tradiing Plan.
Wendy's is an American international fast food restaurant chain.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Wendy Breakout Trade $WEN
Possible entry $23.00
Target price $24.40 to confluence of Fibonacci expansion and extension targets
Stop loss $22.50 Below breakout level.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL.
YUM BRANDS BUYING WENDY'S..? SEE ARTICLE..GREAT FIT!Hello folks..
This morning we were sent an article from a Wall Street friend dated December 27, 2019, approx. 4 weeks ago.
Here's the link...
www.restaurantbusinessonline.com
Wendy's is in an uptrend moving into earnings.
YUM Brands, with a market cap of over $30 Billion, could buy Wendy's without hesitation.
Keep a close eye on Wendy's because YUM buying Wendy's we feel would be a great fit.
Best of luck with your trades!
BULLISH INDICATORS - CHICKEN SANDWICH WAR! - TRADING TIPHere's another tip for the board. FYI... Barrick Gold (GOLD) looks like it's working out since our last tip.
Wendy's just popped up on our daily scan for Bullish PMO stocks
From the looks of the daily chart, the PMO is rising and almost ready to cross to the upside - BULLISH
ICHIMOKU is also BULLISH
Wendy's is having a chicken sandwich war with several other fast food companies.
We all know Wendy's has a fabulous chicken sandwich.
The last 52-Week high was around September 6, 2019 @ around $22.84
A pop through $22.84 could send the stock to $25.00 very quickly
WE DID NOT TAKE A POSITION IN WENDY'S. LET'S SEE HOW IT PLAYS OUT
Best of luck with all your trades!
WEN Enormous Base Breakout PotentialWEN has been basing since 2008, and now that the stock is back at highs, It has potential to run an enormous amount into blue sky. Looking at entering long above the 22 level, and doubling down above the 23 level.
BUY - Major Announcement Coming Major Announcement Coming with the roll-out of breakfast.
Charts and Indicators look great.
LONG
WENwendys is a mf classic
grub hub and their app are increasing sales and customer retention
get your muncies on and eat a mf FAT spicy chicken sandwich in my honor
check out the gann progressions linked
much love
xoxo
snoop
Downtrend line stock marketDowntrend line formed with points A and B, confirmed by point C. Temporality of 4 hours in Wendys action.
quick wendys short playthis is speculative and is not meant to be financial advice, but a hypothetical idea which other versed investors can agree or disagree with what is presented in this picture. Seems like a pretty simple quick 5% rip. One could maybe maximize earnings through a put play. This could also be a complete fakeout, so waiting for confirmation is crucial.
Inverse Cup and Handle FormingInverse Cup and Handle forming for Wendy's on the daily chart. Expecting to meet resistance at the handle before moving lower towards the long term trend line.
