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Bullish Case: High institutional ownership suggests confidence, year-long outperformance against the market and sector peers underscores strength; optimistic analyst ratings bode well for momentum continuation.


Bearish Case: Insider selling, high debt-to-equity ratio, possible market saturation risk creating downward pressure; recent price dip suggests potential trend reversal alert.


Potential Outcomes:

1) Earnings outperformance, further rally (40%).

2) Market saturation, stock dips (35%).

3) Volatility due to analyst revisions (15%).

4) Status quo, sideways movement (10%).


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March 23, 2024


Dave & Buster's Entertainment Forecast

PLAY        Dave & Buster's Entertainment
Price Forecast: NEUTRAL    Price Action: TRENDING (?)






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NAIL Forecast + Options Trading Strategies   [NAIL]  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.95)



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GDXJ Forecast + Options Trading Strategies   [GDXJ]  VanEck Vectors Junior Gold Miners (-0.0)


DBI Forecast + Options Trading Strategies   [DBI]  Designer Brands (-0.0)


ARWR Forecast + Options Trading Strategies   [ARWR]  Arrowhead Pharmaceuticals (0.01)


SMAR Forecast + Options Trading Strategies   [SMAR]  Smartsheet (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PLAY



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.92)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.94)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.94)





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