Foren & Soziale Netzwerke zur RED ROBIN GOURMET Aktie

 

If we can flip the breakout level, this could see $6. I'm not a HUGE fa of the company, last time i checked they are just a tiny office in las Vegas, They give me MULN vibes. They import Asian robotics, possibly just a Alibaba importer.. Technical's look like they are being accumulated.

I like to make trades at the confluence of a number of factors. I think RR is nearly at some of those points so I'm going to open the idea - and we'll journal this like usual. ** Important: I am not long yet, and don't yet recommend it. Let's look at the support: 1. The lower trendline. My lower trendline is actually lower than it could be (there are other trendlines that indicate a higher point, but I like to be safe. We need to hold this trendline which is currently about $3 2. The 200 day EMA is at $3.22. Also really good support. 3. The POC is currently at $3.18. Again, really good support. 4. It does also look like that head and shoulders pattern from October is complete. 5. If we don't hold that $3 support the next support is around $2.30. But, that current $3 support would become resistance, and we'd be likely be stuck down there. So we need to hold that $3. The resistance: 1. That upper trendline has held strong. It's been touched multiple times and each time bounced down with some volume - indica

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