The Chefs’ Warehouse Inc. (CHEF) – stock is trading around $38.85 dollars as of September, 10, 2019 and offering a possible buying price between $38.49 – $40.41. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout in end of June.
3. The stock had a decent run after that.
4. The stock appears to be a consolidation, now.
5. The stock also found support at the 50 day moving average line.
6. The stock witnessed a very wild trading action back in 2018, but, it appears to be stabilized lately.
7.The stock is offering possible buying price between $38.49 – $40.41, with a stop loss at $35.41.
This stock is already part of the Stocks Under 50 Dollars pick and performance will be tracked here .
