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April 10, 2023- Next support is currently 34 cents away at $65.67
Having lost $1.48 over 4 days, A slight improvement can be seen from Thursday's session: without a clear direction, Restaurant Brands International closed at $66 while ranging between $65.62 and $66.23.
The stock has been trending positively for about 27 days. The US fast food multinational has appreciated 25.94% over the past six months.
Chart analysis suggests Restaurant Brands International Inc. is currently alternating around $65.67 with price action moving above and below this key level throughout the session.
Meanwhile, mixed performances were seen by other consumer discretionary stocks as Alibaba was up 4.25%. Toyota lost 1.1% Thursday and closed at $138.87. Amazon traded at $102.06 after closing Thursday's trading day at $101.1 (up 0.95%).
Upcoming fundamentals: United States EIA Short-Term Energy Outlook is scheduled for tomorrow at 16:00 UTC.
