Harry has posted Charts of the Day video on DENN at TheTechTrader site noting: Denny's Corporation (DENN), a stock we rarely talk about, is in a beautiful rising channel, going from a dollar in 2009 to Monday’s high of 12.60, up 84 cents, or 7%, on nearly 3 million shares. That’s the highest level this stock has reached since we’ve been following it in 1998. More importantly, the rising channel that has formed since 2009, looks like it can take this stock up to 20.00. So Denny’s could be interesting, especially with Monday’s breakout above multiple tops and finishing in a consolidation zone or basing pattern. Look for a mid-channel test around the 13 1/2-14 range, and then perhaps 18 as the secondary. Good volume. Looking for follow-through.
DENN benifits from the oil price/gas prices moving lower.Frees up that grand slam breakfast a couple days more a month then when gas prices are higher...i see DENN moving to 12.50 into the earnings.Earnings beat /raise and added buy back then a move to 13.50/14 in August