Binge and Purge

By Tim Knight

I remain heavily short the market, with a mere 4 of my zillions of positions still in the red (and by only a tiny amount). One of my favorite shorts is Brinker International, the company that owns purveyor of vomitous junk at Chilli’s as well as some other unfortunate venues. Here is the topping pattern:

0523-eat

Here’s a longer-term view, which includes an analogous pattern before. The symbol is EAT.

0523-eatdouble

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