Stock Analysis: Rare Hospitality International (RARE)
Rare Hospitality (RARE) operates franchise restaurants including LongHorn Steakhouse and Capital Grille. With gas prices and other consumer goods rising, the dining industry has struggled so far this year. These stocks, however, are at bargain low prices. In addition, Rare expects sales growth in future quarters.
Key stock basics:
- Support at 26.25 levels
- RSI breaking upward through 30 level
- MACD crossover is bullish
Rare has lots of room for growth and looks great technically. Furthermore, When making your trades, make sure to follow solid risk management strategies.
Hi Eric! So, what’s fresh? Anyway, the Goddess sent me here, so just wanted to say hello and tell you I’ll be looking forward to your posting. So far… looks great!
-gio-