Buffalo Wild Wings (BWLD) Cup With Handle?
Buffalo Wild Wings (BWLD) is featured in the latest IBD Stock Analysis column.
The red price bars showing underperformance vs. SPX recently.
BWLD is testing its 50DMA.
IBD told their readers, “The most recent pattern is a cup-with-handle base. So to find the potential buy point, add 10 cents to the peak in the handle. That makes the buy point 67.52. When the next market uptrend gets underway, watch to see if the stock can climb past that buy point in heavy volume. If it does, it could offer a buying opportunity.”