- Positive MACD crossover
- Positive RSI development
- Price break through resistance at 60, breaking out of a rising triangle formation, giving a price target of 68
- Price aboce SMA 200
- Price recently get above SMA 50
Link to company information at marketwatch: marketwatch.com/investing/stock/txrh
Not much of a risk on this one. Not setting a stop loss. Expect support at SMA 50 and 200 in addition to the rising trend support line.
- Positive RSI development
- Price break through resistance at 60, breaking out of a rising triangle formation, giving a price target of 68
- Price aboce SMA 200
- Price recently get above SMA 50
Link to company information at marketwatch: marketwatch.com/investing/stock/txrh
Not much of a risk on this one. Not setting a stop loss. Expect support at SMA 50 and 200 in addition to the rising trend support line.
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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.
Disclaimer
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.