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EAT
Forbes
34 days

Restaurant Stock Ripe For Upgrades, Bullish Price Action

1. EAT shares rise 1%, currently at $166.25, below record $192.22. 2. Historically bullish trend suggests potential for future price increase. 3. Current short interest at 13.7% indicates possible short squeeze. 4. EAT's options are affordable, with low volatility expectations. 5. 14 of 18 brokerages recommend a 'hold,' indicating room for upgrades.

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FAQ

Why Bullish?

The historical trend and potential short squeeze backdrop support upward momentum. Similar past scenarios have led to significant price increases.

How important is it?

The combination of historical trend data and potential short squeeze provides a solid basis for price increase.

Why Short Term?

The bullish trend and imminent short squeeze are expected to affect prices soon.

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