On Sunday night, I profiled a few casual dining setups (among others) in this post. BBRG is another casual dining stock showing impressive relative and absolute strength. Note the very bullish volume pattern on the daily chart, first below.
Next, the weekly chart shows how significant a $19 breakout would be, given the prior price memory at that level.
Naturally, the broad market likely needs to cooperate here to allow at least some breakout plays to work. But these casual dining stocks continue to show signs of accumulation even as the broad market has worked through a corrective phase.
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