Photo by Jason Briscoe on Unsplash
 

Today’s instrument is the Darden Restaurants stock traded in the NYSE exchange under the ticker DRI. 

Looking at the DRI’s chart, we can see that it was lastly traded above the support level of $148 at around $148.40.

This week, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then it could rise toward the resistance level at around $150, otherwise, it should drop toward its support level at around $144.50.

(Click on image to enlarge)

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