"Where's the Beef?"--definitely one of my all-time favorite marketing campaigns! And now Wendy's (WEN) is putting together a run that would make their late founder, Dave Thomas proud:

In fact, WEN has now put together such a solid uptrending channel that we are watching it very closely for an entry.  We'll be looking for the stock to move down toward the lower end of the trend channel on low volume, as well as RSI to pull back slightly from here before entering.

Andy Swan is co-founder and head trader for DaytradeTeam.com.  To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.