Cracker Barrel Old Country Store Inc (CBRL)

[cottonmather]

Just a word of caution.....

http://scharts.co/176fE4N

CBRL is in positive technical compression, a good thing, but multiple episodes of trend divergence are present. This usually affords a trend change or temporary stall in price for the near future.

Being CBRL is in compression I believe the coming adventure will be short-lived with support elevations near $134 (and $120).

No evidence is present that catastrophe waits. Now may be a good time to reduce positions if opportunity costs are a concern.

Good luck

e