InvestorsHub Logo
icon url

cattracker1

12/23/15 1:39 PM

#767 RE: cattracker1 #766

LOCO Finally Looking Good.........

These 3 Food Stocks Are Mighty Tempting
By TIMOTHY COLLINS Follow | DEC 23, 2015 | 11:50 AM EST | 0

Print Print
Stock quotes in this article: LOCO, WING, K, GIS
The best part of the holidays is food. All right, the family, the smiles, the sharing, the friends and all that stuff ain't half-bad either, but who doesn't look forward to eating over the holidays? It's the whole reason health clubs exist. All right, I'm exaggerating there, too, but isn't the first week of January like an entire week of Black Fridays for the weight-loss/fitness sector? But I digress, so back to food.

Normally, I don't equate chicken to Christmas, but El Pollo Loco Holdings (LOCO) is on my breakout list again and looking much better this time around. Joining LOCO is Wingstop (WING) on the chicken tour. These are similar charts, but do have some subtle differences.

LOCO looks to be the stronger of the two. The bottom is longer and better defined and the stock is trading above the 10-day simple moving average (SMA) here. Also, we have the Relative Strength Index (RSI) breaking out along with price.

Oh Yes ! Ho Ho Ho...........