AI
Thursday, March 22, 2018 11:43:28 AM
This morning, leading restaurant owner and operator Darden Restaurants Inc (NYSE:DRI) is coming under severe selling pressure. Earlier today, the company reported earnings that are not being well received by the street. The stock is trading lower by 7.0 percent to $86.77 a share. Traders must note that DRI stock is now trading below its important daily 200-day moving average. This puts the stock in a weak technical position on the charts. The next important support level for DRI stock will be around the $82.00 area. This is where the stock broke out in November 2017. Often, prior break-out level will serve as very good support when initially retested.
Nicholas Santiago
InTheMoneyStocks
Recent DRI News
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
