In light of the BAGL buyout in the casual dining space, let’s keep Fiesta (FRGI) on watch on a long idea.
Of course, beyond the prospect of a buyout is a sound technical setup, seen on the first daily chart, below. On further strength I like the idea long.
And on the short side, AmEx still has my eye on weakness below $87.
Drop me your top tickers overnight.
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AMZN looks like it is getting ready to brak $320 hard. What is your take?
That’s the level, for sure. No break yet.
http://youtu.be/eRuu2vUCes8 John Paulson explaining why we are seeing so many takeovers
That RWLK might take off if it’s another ipo momo day