Feb. 13 at 7:35 PM
$DAR Darling has been showing up on several of my scans for quite a while now, but for one reason or another, it never crossed the threshold to be added to my portfolio. There was never one unique reason, but the fact that options are offered monthly instead of weekly probably made a difference for me. Recently, however, Darling has broken above two resistance lines (see the chart below) and has since moved higher. From the break out just below
$40 the stock has moved about halfway up to its popular price target of
$59. That means from here there’s about 20% gain left in this move higher. Looking longer term, however, these shares can, and should, easily move up to prices above
$80, but that may take a while.