By Licia Leslie
August 28, 2024
Hi Shoppers,
Portillo’s (Ticker: PTLO) has broken out of the box range I talked about on Sunday.
I believe the next stop for $PTLO is $14.37.
Looking at the options, I like the Sep20 13 calls:
$PTLO closed right at the 200 day moving average yesterday which is resistance so you want to see the stock trade over that before going long.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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