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DemKos
Sep 3, 2019 9:42 PM

Dominos in bearish control Short

Domino's Pizza IncNYSE

Description

Still hard to tell if Dominos will continue this downtrend, but it looks like the bears are taking control here. In large it looks like we are still in a bull flag like we had in sep-dec 2018. But key diffrence is that RSI is below transition zone. Takeaway from this is that we will likely go down instead of going up. Best place to short will be the S/R flip or at the EMA's if price gets there.
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