SWING IDEA - RBA

Price Action made a retest @ 90 levels and MACD started making a Higher Low Pattern formation, which took the stock up to 50%+ profits.
Another MACD Cross is in play now at a good zone.
Ideally it should take the stock easily to its previous Swing High and possible even higher.
Stock is currently at a good buying zone. Let's see how the Price Action plays out for the new MACD Cross now.

노트

Stock is going as per plan. Keep holding.

노트

Positive News:

Restaurant Brands Asia has approved an investment of 40 billion Indonesia Rupiah in its subsidiary Sari Burger Indonesia (‘BK Indonesia’), according to a Wednesday filing to the stock exchanges.
The investment will be made by way of a subscription of redeemable cumulative non-convertible preference shares.

액티브 트레이드

노트

Good weekly closing this time. We are up by 7.5% from out Entry levels.

노트

Positive News:
Burger King's India operator "RBA" rises after HDFC Mutual Fund buys around 4.6 mln shares (0.92% stake) in a bulk deal on July 4 - exchange data