Category Archives: Longs

DAVE: Good Food, Great Chart.

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DAVE (Famous Dave’s of America) looks to offer an objective long entry on any break above 12.75, which will have taken the stock over that purple minor downtrend line on this 120-minute period chart. R1 & R2 are the first key resistance levels where active traders might opt to book quick profits while the official (swing trade) targets for this trade are T1 at 15.35 & T2 at 16.95. Suggested stop on a daily close below 11.70.

DAVE 120-minute Oct 6th

DAVE 120-minute Oct 6th