CMA, CBRE and NDLS have consolidated at key levels. Interesting technicals for an asymmetric short term long position. All benefit from lower rates. Fundamentally, all reported weak results in MRQ. Noodles long term chart indicates more structural company issues. Currently, there are dozens of charts with similar setups. To a large extent, they are all a rates play.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.