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TheTradingBay

DMP Long after breaking multi year high from a base pattern

Long
DOMINO'S PIZZA ENTERPRISES LIMITED (ASX:DMP)  
TheTradingBay Updated   
ASX:DMP   DOMINO'S PIZZA ENTERPRISES LIMITED
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Entry: 88.87
Stop loss: 83.35

Nice break out of a rounding pattern with higher than average volume to create a new multi year high. Moving averages are in order.
Comment:
Topping tail with big volume formed today. Bearish close.
Shifted stop loss up to 91.50.
Trade closed: stop reached:
Stopped out and exited position at 88.81
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