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When Darden Restaurants ($DRI) Moves Investors should Listen

Longer Term Trading Plans for DRI
  • Buy DRI slightly over 141.02 target 152.67 stop loss @ 140.61 Details
  • The technical summary data tells us to buy DRI near 141.02 with an upside target of 152.67. This data also tells us to set a stop loss @ 140.61 to protect against excessive loss in case the stock begins to move against the trade. 141.02 is the first level of support below 144.53 , and by rule, any test of support is a buy signal. In this case, support 141.02 is being tested, a buy signal would exist.

  • Short DRI slightly under 152.67, target 141.02, stop loss @ 153.11 Details
  • The technical summary data is suggesting a short of DRI as it gets near 152.67 with a downside target of 141.02. We should have a stop loss in place at 153.11though. 152.67 is the first level of resistance above 144.53, and by rule, any test of resistance is a short signal. In this case, if resistance 152.67 is being tested, a short signal would exist.

Swing Trading Plans for DRI
  • Buy DRI slightly over 145.57, target 148.34, Stop Loss @ 145.15 Details
  • If 145.57 begins to break higher, the technical summary data tells us to buy DRI just slightly over 145.57, with an upside target of 148.34. The data also tells us to set a stop loss @ 145.15 in case the stock turns against the trade. 145.57 is the first level of resistance above 144.53, and by rule, any break above resistance is a buy signal. In this case, 145.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DRI slightly near 145.57, target 141.02, Stop Loss @ 145.99. Details
  • The technical summary data is suggesting a short of DRI if it tests 145.57 with a downside target of 141.02. We should have a stop loss in place at 145.99 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 145.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DRI
  • Buy DRI slightly over 145.57, target 147.80, Stop Loss @ 145.23 Details
  • If 145.57 begins to break higher, the technical summary data tells us to buy DRI just slightly over 145.57, with an upside target of 147.80. The data also tells us to set a stop loss @ 145.23 in case the stock turns against the trade. 145.57 is the first level of resistance above 144.53, and by rule, any break above resistance is a buy signal. In this case, 145.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short DRI slightly near 145.57, target 141.02, Stop Loss @ 145.91. Details
  • The technical summary data is suggesting a short of DRI if it tests 145.57 with a downside target of 141.02. We should have a stop loss in place at 145.91 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 145.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Darden Restaurants (DRI) available here: DRI.

DRI Ratings for February 25:

Term →Near Mid Long
Rating Neutral Neutral Neutral
P1 0 0 129.17
P2 147.80 145.57 141.02
P3 149.37 148.34 152.67
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AI Generated Signals for DRI

DRI Long Term Analysis for February 25 2023

Blue = Current Price
Red= Resistance
Green = Support

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Darden Restaurants (NYSE: DRI) report below is a real world example. Included are trading plans for DRI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports