Red Robin Gourmet Burger $RRGB
Let's have some fun!
This hamburger joint chart looks juicier than most others. Clean setups across the board:
👉Nasty downtrend (actually goes back to ~$92)
👉~8 months of compression at historic lows
👉Ran the all time lows before breaking up
👉Clear 🎯's, though obvious battles will likely need to be fought at each level.
Invalidation: New lows kill the setup imo.
This hamburger joint chart looks juicier than most others. Clean setups across the board:
👉Nasty downtrend (actually goes back to ~$92)
👉~8 months of compression at historic lows
👉Ran the all time lows before breaking up
👉Clear 🎯's, though obvious battles will likely need to be fought at each level.
Invalidation: New lows kill the setup imo.
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