The burger chain saw its stock hitting a new record high of 206.30 on Friday, marking a growth of 17% for the year. The 20-day simple moving average (SMA) helped the bulls to retake control this week, while the positive momentum in the MACD and the RSI suggests the bullish party is not over yet for the stock. The peak at 206.30 could potentially work as nearby resistance should the price continue the rebound. Nevertheless, it would be more fascinating to see a rally towards the upper boundary of the long ascending [..]
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