18Nov2:46 pmEST
Burger King Grabbing More Than Its Fair Share
Burger King (BKW) has been a long idea I have reference over the past week or so. The King seems to be distinguishing itself from peers MCD YUM, certainly from a technical perspective.
On the daily chart, below, note the sound technical basing pattern above all major moving averages.
If the strength today is the beginning of a breakout, then a close and hold over $34 sets in motion the next leg higher.
Longs want to see $31.75 hold, below.
The company has been improving its menu and brand slowly but surely of late.
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