Short: Dave & Buster’s Entertainment, Inc. (PLAY)
From Shortex Market Letter
Dave & Buster’s
52wk H. $48.80 52wk L. 4.61
Mkt Cap: $779.13M, EPS: -2.28, Beta: 1.69
This provider of entertainment dining venues is a victim of Covid-19. It is faced with continued QTR losses. Reversal has managed to challenge the bottom leg of its death cross (12-13) topping at (18-19) plunging (19-15) with heavy volume.
SHORT RANGE: 14-18
COVER SHORT: 8
STOP LOSS: 33
Joseph Parnes, Shortex Market Letter, shortex.com, 800-877-6555, October 1, 2020