D1RI34 trade ideas
The FUTURE High / Low price swing dates for DRIIt takes less than 5 minutes to manually plot weeks into the future using the
Djinn Predictive Indicators.
Future Trend Directions are determined using the Weekly future prediction equation.
When all time frame equations are superimposed the EXACT moment of a price swing
high or low can be forecast.
The Future belongs to the Djinn.
The FUTURE price High / Low price swing dates for DRIThese are the FUTURE dates for DRI with the highest probability for making a price swing high or low. Apply your own indicator(s) to determine the price swing direction.
As mentioned before, the first Djinn Predictive Indicator is for sale. Price: 10,000,000 XRP. The second and third Djinn are not for sale.
The FUTURE High / Low price swing dates for DRIThese are the FUTURE dates for DRI with the highest probability for making a price
swing high or low. Apply your own indicator(s) to determine the price swing direction.
DRI Stock Struggling for The YearFor the YTD, DRI stock has been trending downwards. At the latest earnings call (March 22, 2018) market price dropped drastically because it missed expectations by $0.02 ($1.73 v. $1.75). The missed earnings expectation exacerbated the downward trend that last about a week up to the beginning of April; the trend reversed through out the month, with robust momentum. But, after a anti-discrimination ruling against DRI at the beginning of May, the April upward trend started to reverse and has continued since. At it's present position the price level is hovering on the fifth Fibonacci Level (78.6%, $85.46) and it looks like that just broke so it looks like the price is heading to and may even pass the the YTD low. BUY, BUY, BUY!!!
DRI - Day trade setup If this opens in the green I would wait for a retest of the $91 area and then look to take it to $88. This is one that I would not get into right away since I feel it will retest that support. And if she pulls past $91 then walk away
Darden Restaurants Targeting 104.23While I don't often look into the stocks market, this company is providing some good opportunity to the upside.
This idea is presenting simply based on the technical perspective, so make sure you look into the fundamental aspects of the company if you are considering a longer term investment.
Since September last year, price has rallied towards the recent high at 99.96 in 3 waves, with the 3rd wave being a strong impulse move.
And from then, price has been in a consolidation phase ranging between the high to the recent low at 90.19.
We are currently seeing price developing into a 3-wave corrective structure - WXY, potentially completing between 87.85 to 89.62 area.
As long as price remains above 85.38, I'll be maintaining a bullish view on DRI with a potential target at 104.23.
Disclaimer - this is not a trade call or an investment idea. Make sure you have a proper trading and risk management plan before taking any trades in the market.
Trade IdeaNot too sure about this one quite yet after today's price action.
I do have a position at $81.50
DRI-Darden Restaurants to experience a slight correction.Looking back 3 years on DRI, we can see that the price increase was far more vertical than any other years. However, as the fib demonstrates, it's on a healthy climb but it will have a big correction these next two months, maybe consolidate at best. I believe it will reverse down between $82-$77 before hitting the next ceiling at $95-$105. For those already vested in DRI, hold on!
DRI doji may spell continuation back to upsideIn a sell off market like today, DRI held well especially at the $91 mark. Look for a retest of $91.50 before a break to the upside.
DRI uptrend in progressDRI is approaching $90. The uptrend is in progress and there is nothing that would suggest itis about to end. Hence I am holding a bullish outlook.
I took this trade after price broke above $80. It's in small profit right now. I would like to see price move towards $100 and ideally beyond. I will look to add if we see more strength. It is risk free now, so am happy to let it do its job.
DRI SHORT - She's ready to drop! DRI is ready to drop - she's got the negative price action going on and she has closed below the 9 day moving average. Her closest support point isn't until she starts approaching the 50 day moving average at around 76.20. That's where I'll be targeting. Stop loss/invalidation 83.50 -
If you would like to get some more analysis and some signals you can always get them from SimplePips Club Facebook Page.
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$DRI Ready To Explode UpwardsThere is beautiful bullish consolidation on the stock chart of Darden Restaurants, Inc. (NYSE:DRI). The stock is getting ready to blast from its current price of $74.68 to $79.00. Investors should be on high alert and enjoy the ride up if they are long. This setup is a classic technical analysis pattern formation that can be found in any book. It works out a high percentage of the time.
View all of my trades, VERIFIED here: verifiedinvesting.com
$DRI BREAKING OUT$DRI WAIT FOR RETEST BUT IT MAY NOT BE ANY RETEST. JUST LOOK AT THE LAST TIME THAT IT'S BREAKING OUT.
ER PlayI will be looking for a morning star reversal pattern at this $75 support. ER is around the corner.
Stay home and cook: Manieri bearish on restaurant stockDarden Restaurants have satisfied the masses with many brands such as Red Lobster and the Olive Garden. Right now, this stock is hot off the heels of a completed Gartley pattern that just hit target twos.
We see a bearish trend starting to form, and a subsequent opportunity to get involved on a continuation play. We start to see price action starting to make rather textbook lower lows and outside returns. The risk reward profile at market actually allows us to become involved next bar market, with about a 1;1. We will take profit not with the expectation that price will print lower lows, but rather, price will retest the most recent lowest close.
Eat up.
Benny Manieri
$DRI neutralPrice in red/black upsloper reversed course after touching median line and price reversed direction at the upper parallel of the downsloper. Price must hold lower parallel of upsloper and move above upper parallel of downsloper is a buy.
