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Videos Daily Market Wrap up Potential trade setups in a few restaurant names

Potential trade setups in a few restaurant names


With going over my chart scans this weekend, I found some potential trade set ups in the restaurant names. Most are forming a price pattern that can be easily manageable trades. These are just a few of the names that I went over with our Elite members on our Sunday chart session.    

Here is a list of the names from Finviz http://bit.ly/bAS29F


 



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Follow alongside professional  trader Josh Belanger as he follows the footsteps of the smart money traders, while he educates you and points out the trades that have the highest probability of making money.


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  • Josh Belanger

    Paccar PCAR hits a new 52 week high but large stock and option call buyers saw the breakout coming the day before http://is.gd/aFDRA

    by Josh Belanger about 5 hours ago

  • Josh Belanger

    @BigDawg291 strong weekly close above resistance and 21 dayst to cover in $PETS bit of a lotto ticket buying an April call would work best

    by Josh Belanger Friday, March 12, 2010 10:09

  • Josh Belanger

    Everyone in powerfeed seems to enjoy the timely alert. $1 a day gets you on the right side of the trade http://bit.ly/9XfC2B

    by Josh Belanger Friday, March 12, 2010 10:22

  • Josh Belanger

    @AnneMarie2006 your welcome, not sure which you are talking about? :)

    by Josh Belanger Friday, March 12, 2010 10:19

  • Josh Belanger

    $RSH looks like someone stepped in sold March 22.5 puts and bot April 25 calls 2k times could be closing check OI Monday

    by Josh Belanger Friday, March 12, 2010 10:41