BLMN - How about a holiday run?Low volume is looking sad. The EMA’s are headed higher with some separation between them. The SMA’s are level which wouldn't be bad for a move higher. Stochastics are overbought with a little room to move higher if needed, RSI is overbought as well but not comical yet and MACD is looking indecisive making this trade look slightly gloomier.BB still separated because of the gap higher a couple weeks ago. ADX is edging higher over 40. R:R 1:2 (sorta).
I'll pass, but it was on the list for this week.
Trigger (close) $22.73
Stop is $20.45
Target is $26.80.
