Darden Restaurants Stock Hovers Below Resistance

 | Dec 22, 2021 08:12AM ET

After reporting better-than-expected quarterly earnings, Darden Restaurants (NYSE:DRI) is currently traded at around $142.75.

Due to the spread of the Omicron variant and the new measures announced, we expect its price to be maintained below its resistance level, at around $144.

If it starts to decline, it could approach its support level at around $135.