EAT 0.00%↑ , which owns the Chili’s and Maggiano brands, is up over 200% this year. I’m compiling a list of short candidates as the calendar turns, and this one looks ripe.
This one’s been overbought at levels not seen in 30 years. A pullback to even the 1.618 fib level would be a nice gain, and something that could be possible during Q1. Last week was the first since September in which a new high wasn’t reached. RSI on the weekly looks to be curling. I’ll be tactically trading this one.