CHEF a consumer discretionary stock to relish LONGCHEF on a 4H chart has been trending up since earnings in November. The report last week was
improved over November's. I got this one January and uploaded an idea then. CHEF has ran
25% since then. The bot alert is signaling SELL. RSI is at 64 and not yet overbought on a
period of 14. The mass index is signaling a reversal down at it went over the threshold
and then triggered.
I see CHEF ans a good stock that did 25% on the shares and 150% on the options since my buy.
I will sell the full position here. I will wait for a period of consolidation and Bollinger Band
tightening and a flat Supertrend line to make a sizeable new entry.
