WINGSTOP still looks extremely bullish going into earnings
Look for the next candle on the MACD to be a lighter red color take the buy
seems like it might get created on Monday morning around 10am
If Wingstop sells off a bit and a new MACD lighter red candle gets created
buy in
more than likely its going to beat earnings and gonna keep skyrocketing
as long as people are inside and Q2 earnings for every other company is on the downside then youre good on buying WING for earnings and until Q3
when a sell off might happen IF people start going back their jobs and this whole corona virus is over by Q3 earnings around September
to make a long paragraph short, Buy WING until Q3 announcements or when states start opening up again
then when everything begins to start going back to normal, sell everything and expect a huge sell off
seems like it might get created on Monday morning around 10am
If Wingstop sells off a bit and a new MACD lighter red candle gets created
buy in
more than likely its going to beat earnings and gonna keep skyrocketing
as long as people are inside and Q2 earnings for every other company is on the downside then youre good on buying WING for earnings and until Q3
when a sell off might happen IF people start going back their jobs and this whole corona virus is over by Q3 earnings around September
to make a long paragraph short, Buy WING until Q3 announcements or when states start opening up again
then when everything begins to start going back to normal, sell everything and expect a huge sell off
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.