Analyzing the options chain and the chart patterns of DPZ Domino's Pizza prior to the earnings report this week,
I would consider purchasing the 380usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $9.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Almost 2 months ago, I created a post about this stock, which was a follow up on a previous post. In those posts, I made it clear (hopefully) that a reversal for the stock was comming.
Now I want to make a post where i say its time to sell the stock to take profits and close the swingtrade for those who took it.
I am still bullish on the stock market for...
I am just not sure what has caused this extraordinary price drop, when apparently it was looking like it was just recovering from down trend - if anyone knows please comment .
May be it’s just natural price correction in market, looking at today’s price action, buyers were able to take it up in first two hours up to $125.84, till that time it’s was all buyers...
A couple of months ago, I posted an analysis of Domino's Pizza. At that moment, a double bottom was formed. At this moment, a slightly lower low was formed, creating a bullish divergence on the weekly rsi. We also spoke about the buy singal on the Fetch Buy And Hold Indicator , which was the first one since 2008
I was also talking about a sideways period for...
What is so amazing about a chart that fell roughly 50% in 1 year?
What we're seeing right now is a textbook falling channel structure. In general a falling channel consists of 1 resistance line and 1 support line in which the price oscilates between.
There are 4 lines on my chart. I'd like to add an extra support and resistance line in order to create more...
My last two posts were about the SPX and AMD and their falling channels, which are my favorite patterns to trade.
They follow an easy concept: They stay in their channels, untill they go sideways on an important support level, preferibly on a bullish rsi on the daily or weekly chart. I spotted one on the DPZ weekly chart, so I had to make a post about it.
Just in line with the market $SPY $ES_F a short setup here. Chart looks really weak, indexes look weak, so going for it with a good r/r.
Similar companies got some moves $PZZA $YUM $CMG but this one not even that, so someone might say that it is time for a pump -- well I'm betting the opposite, puke.
Weekly: Closed lower, after upwick, impulse is blue (meaning MACD-H ticking down). Latest top diverging with previous local top. Often times, the 2.5 ATR level is a turning point for tops.
Daily: A nice set of divergences, on MACD lines, MACD-Histogram, and EFI. Even there is a divergence on Stochastic RSI, as well as ATR lines, showing an ATR channel divergence...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
DPZ is sitting around a strong resistance in green from Daily timeframe, and upper brown trendline so we will be looking for trend-following sell setups on lower timeframes.
on M30: DPZ is forming a channel in red , but the lower red trendline...
Targets: 331, 300, 375
Every pullback must be seen as an opportunity to sell.
Long should be opened only above 390.
Use appropriate quantity and risk-reward ratio.
Always use a stop loss.
Always risk a maximum of 1-2% of your capital.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal....
Entry = 380
Cost Avg Down (CAD) = 352
1st Target = ATH (434)
2nd Target = 485
HODL Target = 516+
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading...
Technically speaking I see this rebound as the start of a possible recovery. The price is already over the VWAP on 2 hours, the MFI is oversold since October 8 on 4 hours, the ADX is slightly moving down from the current bearish micro-trend also on 4 hours, so for me, the bearish momentum seems to be getting weaker.
Hopefully, the price will stay above the 233...
💬 Domino's (DPZ) has performed very well recently as delivery options were expanded and people relied on the delivery giant during COVID.
We love cheap delicious pizza, and we may fall in love with Domino's going into earnings July 16th, let's see what levels look like going into earnings for the DPZ bulls and bears alike.
Hit that 👍 button to show support...
June 01 2020 – Leading Stocks To Watch For A Breakout This Week
Contact me for the page to review the details.
$^IXIC #nasdaq $TSLA #tesla $MSFT #microsoft $UNH #unitedhealthgroup $DPZ #dominospizza #technology #semiconductors #coronavirus #financialforecast...
DPZ is worth to watch stock. It is very close to break out. needs to hold above $385.97 and watch for rsi break out too.
12 months Consensus Price Target: $375.59
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.