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Technicians bet on Buffalo Wild Wings (BWLD)

 Mar 27, 2009 05:40 PM UTC
Return Risk
+5.46% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
BWLD Positive 03/27/09 +7.93% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Newsletters, Stocks to Buy

Two leading advisors -- both known for an expertise in technical analysts -- are bullish on the prospects for Buffalo Wild Wings (NASDAQ: BWLD), which operates and franchises casual food restaurants in 38 states.


Here's an overview of the stock from Joseph Hargett, an analyst with Schaeffer Investment Research, and Richard Schmidt, editor of The Stellar Stock Alert.


Schmidt explains, "You've got to love the action of Buffalo Wild Wings. Last month, the stock jumped up nearly 25% in one day and continued to move up.


"The jump up left a big gap on the chart, a bullish sign of strength. And it moved the stock up over the 200-day moving average. BWLD is up over 100% from its November low.

Continue reading Technicians bet on Buffalo Wild Wings (BWLD)

Technicians bet on Buffalo Wild Wings (BWLD) originally appeared on BloggingStocks on Fri, 27 Mar 2009 12:40:00 EST. Please see our terms for use of feeds.

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