Aug. 2 at 9:27 PM
One sector that hasn’t been getting enough attention lately: restaurants. 🍽️
While everyone has been focused on AI and mega-cap tech, some restaurant names quietly started building healthier technical structures. We’re seeing Stage 1 bases complete and early signs of Stage 2 uptrends beginning to appear.
$CMG — base formation looks mature, watching for continued strength.
$CBRL — showing signs of improving momentum with higher highs.
$TXRH — breaking out with that Texas-sized confidence.
I’m not saying every restaurant stock is ready to run, but when a neglected sector starts showing relative strength, it usually deserves a closer look.
Sometimes the best opportunities are hiding where nobody is paying attention.
Recap time. Anything you'll do differently tomorrow?
Have a great evening.