Buy the Worst Carnage Victims. There’s Life After COVID (Restaurant Edition)

NYu
3 min readMar 24, 2020

(Authors opinion only. Please do not take my ideas as a buy or sell idea. Information purposes only. DYOR. Thanks!)

Yes we are in a severe recession

Yes we will not recover after 2 years

Be that as it may, here are 70–90% selloffs that have priced in the Zombie Apocalypse and the World is not going to end.

Exhibit Number 1: The Restaurant Sector

1.) $MCD Mcdonalds 125–160; Strong Supports 125/110. Last Price 137

2.) Restaurant Brands International (Popeyes, Tim hortons and Burger King) Save the Whopper! Save the Portfolio!

The drop = 80 to 24

The Rip yo face rally is from 24 to 44

Last price = 32

3) $LK Luckin Reset Back to Support. 22 dollars Let’s support ALL Chinese who need to have their MILK TEA FIX! They will SURVIVE AFTER COVID!

4.) $YUM Pizzahut, KFC, Tacobell. People gotta eat yo!

120 to 56. Target going to 72!

5.) Dunkin Brands Group From 84 to 40!

Rally Potential 52–56

6.) Chipotle already recovered 40% but Expect Trading Range Action here

From 900 to 400 to 600. Expect 400–600 throughout this next 12 months. :)

7.) No carnage on Dominos Pizza. Know that it’s a resilient company in a COVID world. They’re hiring more workers

Any drops below 300 to 280 are always retest opportunities.

8.) Rip yo face Rally courtesy of Papa John’s 89% rally.

$PZZA is Life!

9.) Yumchina — Expect Trading Ranges (38–44)

10.) $SBUX — Coz Coffee will live

50 to 75. This is a 50% range for the people!

  • facelesstrader
    (P.S. I conduct classes on $ZM to help anyone to open their accounts globally so that they can invest and trade these great names Message me and hope these helps! Follow me @facelesstrader on Twitter :) and on Spotify.

lots of love!

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NYu

I’ve been trading stocks for awhile but understandably I’m likely to trade or invest for the rest of my life. Here’s my way of thinking about things