Restaurant Brands International Inc

QSR is in a Stage 2 advancing phase within a long-term uptrend, with clear higher highs and higher lows supported by rising short-term EMAs. Price recently reclaimed a key horizontal level and is holding above the 9/21/50 EMA confluence after a shallow pullback. Short-term timing is favorable for a bullish entry now, aligned with the medium-term continuation bias. Key invalidation would be a failure to hold these EMA supports and the horizontal pivot zone.

• ↑Q1 revenue $1.42B (+6.2% YoY) with 10.7% organic AOI growth.
• ↑Adjusted EPS $0.86 (+14.6% YoY) and free cash flow $200M.
• ↓Negative earnings yield and overvaluation concerns signal weak valuation.