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Texas Roadhouse (TXRH) Weekly is Ready to Run

Texas Roadhouse (TXRH) Weekly is Ready to Run

by | Mar 1, 2022 | Chart SetUps

Texas Roadhouse (TXRH) working higher on Monday out of a multi-month range and set to open the month of March above value. A breakout move has room to run to $105 in the near-term but weekly range is turning the corner out of a narrow pullback channel and can extend up to $120. Shares have been on a strong run from the March 2020 lows and the pullback trend is testing and holding the 38.2% Fibonacci retracement.