Cracker Barrel - CBRL - close: 31.24 chg: +1.40 stop: 27.90

Why We Like It:
I listed CBRL as a stock to watch in my editor's note above the new plays this past weekend. The rally continues for this restaurant stock and shares have broken through resistance near $30.00 and its 100-dma. It looks like CBRL might be a little bit extended. I'm suggesting traders buy the dip at $30.15 but we can really use the $30.15-29.00 zone as an entry point. If triggered our first target is $32.75. Our second target is $34.90. Our time frame is six to eight weeks.

Annotated chart:

Entry on September xx at $xx.xx <-- TRIGGER @ 30.15
Change since picked:     + 0.00   			
Earnings Date          10/27/09 (unconfirmed)    
Average Daily Volume:           thousand
Listed on September 08, 2009