This Day On The Street
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4 Hot Stocks on Traders' Radars

Red Robin Gourmet Burgers

Nearest Resistance: $77.50

Nearest Support: $62.50

Catalyst: Analyst Upgrade

>>5 Stocks Under $10 Set to Soar

Must Read: 3 Huge Stocks to Trade (or Not)

Red Robin Gourmet Burgers (RRGB - Get Report) is getting a key reprieve from selling this week, pushed higher after Raymond James upgraded the firm to a strong buy rating, with an $80 price target. That was enough of a spark to blast shares out of the downtrend that had been shoving the stock lower since November.

That breakout above the top of the channel is a buy signal -- just keep a tight stop in the small-cap restaurant chain. Things could stay volatile this week.

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GTAT $0.50 -2.08%
AMD $1.96 0.00%
HAS $74.35 0.00%
RRGB $79.28 0.00%
AAPL $112.12 0.00%


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

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