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Zacks Equity Research

BJ's Restaurants (BJRI) Enters Overbought Territory

BJRI

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BJ's Restaurants, Inc. (BJRI - Free Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BJRI is now in overbought territory with an RSI value of 72.4. Furthermore, BJ's Restaurants currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.


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