26Apr2:36 pmEST
Rover, Red Rover: Send Red Robin Over!
Despite Chipotle gaining attention today for its stunning earnings rally after years of controversies, declining brand popularity and increased competition, CMG's rally today still is not bringing enough attention to some of the better casual dining plays in the restaurant space.
Names like CHUY DENN EAT FRGI NDLS WING, among many others, all must contend with their own earnings. However, they are sporting solid technicals at the moment and actually have been for a while, as we have flagged for Members in recent weekend videos.
Shake Shack remains an intriguing play and is acting great today, earnings loom next week.
For now, RRGB is more actionable, with its report a few weeks out, as we can admire strong technicals on its daily timeframe.
Not Through This Door; At Le... Stock Market Recap 04/26/18 ...