swara7kadir

PZZA for a short

Short
swara7kadir Updated   
NASDAQ:PZZA   Papa John's International, Inc.
PZZA has short potential a lot of resistance overheard in the form of the moving averages and the pivot levels, while its got room to come down the candle before that is a long green candle
Comment:
As predicted today with the market open Mon 30th of March it continues its descent its currently at 48.50, I would start taking some profits at around 45 near the trend-line shown.
Comment:
We see as it reached $47 point it started to reverse, $47 would have been a good time to take some partial profits exit at breakeven entry point.

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