Darden Restaurants (DRI) is set to report its latest quarterly results on Thursday before the opening bell. We last reviewed the charts and indicators back on June 5 and wrote that, "The U.S. economy is restarting and bigger chain restaurants should soon have the ability to open their outside and later the inside for dining. DRI is pointed up and could see further gains. Traders could go long risking a close below $75."
With hindsight we can see that traders would have been stopped out with a loss. Let's see what the charts look like now.