CAVA 121.50 Short 120/118/116/113/110 can test soon
Cava Group (NYSE: NYSE:CAVA ), the Mediterranean-themed restaurant chain, has been a darling of the stock market in 2024, nearly tripling in value since the beginning of the year. However, the stock took a significant hit early Tuesday after CEO Brent Schulman and several key executives and directors disclosed large sales of their shares. This insider selling,...
If you haven`t sold CAVA before this important retracement: Now analyzing the options chain and the chart patterns of CAVA Group prior to the earnings report this week, I would consider purchasing the 100usd strike price Calls with an expiration date of 2024-8-23, for a premium of approximately $5.05. If these options prove to be profitable prior to the earnings...
CAVA has been trending up. the current pullback could be the start of something new. The company is still making a small profit and beating earnings. Is it strong enough to push through this downturn? Cava is one to watch?
Cava Group (NYSE: NYSE:CAVA ), the Mediterranean fast-casual restaurant chain, has once again proven its mettle in the competitive restaurant industry. The company’s latest quarterly earnings report not only exceeded Wall Street’s expectations but also showcased Cava’s robust growth and expanding footprint. Earnings and Revenue Soar For the fiscal second...
Why I am bullish on NYSE:CAVA - About to retest the bottom of our daily trend channel - The bottom of this trend channel aligns with a Liquidity Grab zone - A lot more buying pressure vs selling on the Weighted Volume Profile on the bottom of our trend channel - In a strong uptrend already My personal trade: Stop Loss / Take Profits: - Entry: $76.79 - Take...
Rapid Expansion and Market Growth: Cava Group NYSE:CAVA Group, a Mediterranean fast food chain, is rapidly growing with 323 locations and aims to reach 1,000 by 2032. This expansion could triple its annual revenue. Cava leverages AI to improve order accuracy and service speed, boosting financial performance. Financial Performance and Profitability: In Q1 2024,...
Happy Tuesday everybody, the stock caba is set to make a breakout of a base soon and I'm going to make a play on it to see if I can catch that move doing a buy to open and setting my stop loss below Monday's low. This stock is part of the consumer cyclical sector which has been performing well possibly because of pending interest rate cuts leading to increased...
CAVA Group, Inc., ( NYSE:CAVA ) a Mediterranean fast-casual restaurant brand, has reported its first quarter 2024 financial results. The company's revenue growth of 30.3%, including the same restaurant sales growth of 2.3%, was driven by its highly portable Mediterranean concept and powerful unit economic engine. The company opened 14 new restaurants during the...
STRONG down trend. Weaker IPO This company essentially sells salads. They are delicious, but that's not what most people eat when they eat out.....
CAVA is a restaurant chain that is not profitable, yet valued at $5.5 Billion market cap. Despite the recent analysist upgrades, I think it`s extremely overvalued and will soon reach the IPO price. Analyzing the options chain and the chart patterns of CAVA Group prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts...