Today’s instrument is the Kura Sushi, a technology-enabled Japanese restaurant, whose stock is traded in Nasdaq exchange under the ticker KRUS.
Looking at the KRUS’s chart, we can see that it is in an uptrend, and it was lastly traded at around $85.25.
Yesterday it announced its quarterly earnings with mixed signals, so today we could expect it to test its support level at around $82.30 and it should be expected to be maintained above that level and to see an upward reaction towards the resistance level at around $88.20 and if it is able to pass it then it might approach the next one at around $94.
Source: https://www.fxstreet.com/news/will-krus-approach-its-next-resistance-level-at-94-202307070952