Watch these two casual dining stocks as group dips this month, traders say

watch these two casual dining stocks as group dips this month traders say

Sumary of Watch these two casual dining stocks as group dips this month, traders say:

  • Big names in the group including Red Robin Gourmet Burgers, Bloomin’ Brands, Brinker International, Cheesecake Factory and Dine Brands Global sank in early Thursday trading after notching significant gains on Wednesday as part of a broader market rebound.
  • “Bloomin’ Brands could also be worth considering, TradingAnalysis.
  • “If we look at the chart of Bloomin’ Brands, it looks great,” Gordon said, pointing to the stock retesting its previous resistance around $25.Bloomin’ Brands fell over 2.5% in early Thursday trading to around $25.44.Zoom In IconArrows pointing outwards”We’re coming back to offer support,” Gordon said.
  • “With a diversified slate of brands, a big position in hedge funds’ portfolios and some recent analyst support, Bloomin’ could be set up for a breakout, he said.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close