Stock Picks After S&P500 Breaks Below 700

Cracker Barrel Old Country Store, Inc. (CBRL) is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept (Cracker Barrel). CBRL is up last 8 trading days and has broken out of its $22.00 resistance. However next line of resistance will be around $23.20 level, which if not taken out could provide a good short entry. RSI indicates reaching overbought level.

cbrl

Lance, Inc., (LNCE) manufactures, markets and distributes a variety of snack food products, including sandwich crackers and sandwich cookies, potato chips, crackers, cookies, other salty snacks, sugar wafers, nuts, restaurant-style crackers and candy. LNCE took out its previous resistance at $23.24 all the way till $24.00. However it could not sustain its level and broke below it $23.00 level. Keep watching on how it plays out tomorrow and can it take out the $23.20 and $24.00 resistance or not. Otherwise potential short.

lnce

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