ACTION:

Buy Rave Restaurant Group (RAVE) common stock at current levels.

Dear Momentum Stocks Weekly Subscriber,

I have a New Trade on a stock I want to get back into. Shares are down another 5% today, and the pullback has created an incredible buying opportunity.

 

Rave Restaurant Group (RAVE, $11.35, down $0.63)

Buy Rave Restaurant Group (RAVE) common stock at current levels.

Shares have traded to a low of $11.30 today. There is risk to $10.50-$10, but I think a bottoming process has started. I like shares at current levels to play a year-end run back above $15.

 

All prices given in this update are current as 10:45 a.m. EST.

I hereby disclose that I will be participating in the aforementioned trade(s). Every new Momentum Stocks Weekly recommendation is listed with the price at which I entered my own position. If the price is slightly different than my recommended entry or exit price when you receive the alert, don’t let that keep you from getting into or out of a trade. Occasionally, you might even get a better “fill” price than what is posted in the Open Trades and Closed Trades.

Trade on!

Signed

Rick Rouse
Editor
Momentum Stocks Weekly