Well, I usually do not try to call timeframe or price points for near term stock moves but as the fundamentals for Wendys are in place, selling pressure has subsided, market beginning another upswing and chart technicals are looking good for Wendys, I have to say that Monday, Tuesday and Wednesday could be great days for WEN stock. If I were a betting man, and I AM, then I would say that WEN stock moves to the beloved $4.85 level, pauses then moves to $4.92 then dips then moves to $5.08 quickly next week. The next week thereafter making a quick run for $5.25 after it has consolidated at $5.10 could happen but I would not count on it. This stock seems to love to just float sideways moving from $4.75 to $5.25 every other week or so. Ho hum, ho hum. On a more exciting note, I ate a Spicy Chicken sandwich and natural cut fries last night and it was AMAZING! I highly recommend stock holders get back to basics and do lunch at a nearby Wendys ASAP!
cheers
GLTA!
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