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swara7kadir
Mar 27, 2020 4:20 PM

PZZA for a short Short

Papa John's International, Inc.NASDAQ

Description

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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