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...
After announcing their partnership with UberEats and others, we had an explosive breakout this morning to $409.47 this morning, breaking above the $394.99 Level of Resistance before pulling back below and hitting the 50% Retracement Level ($378.50) before starting to retest that $394 Level.
I'm looking for a potential $419 retest at least, if not higher those...
Contrary to popular belief H&S patterns are continuations patterns, not reversals.
The only time H&S are reversal patterns is when they form at tops as we see here
in the DPZ chart.
While it is not a trade to be taken tomorrow and get paid the day after this huge
H&S pattern suggests a top is in and a reversal is likely at some point in the future.
From a...
- DPZ is in a falling trend channel in the medium long term.
- DPZ has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- DPZ has broken up through resistance at 326.
- In case of negative reactions, there will now be support at 326.
- Overall assessed as technically positive for the medium long term.
*EP:...
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.
I can...
Sign of Bearish Trend
- Candlesticks moving below MA200 , possible challenge MA200 soon.
- If we take a look at ichimoku indicator, candlesticks moving back into the cloud & lagging span moving at similar level as candlesticks(failing to establish bullish revesral)
-Downtrend line B which form Lower low (LL2) has reach expectation of 1:1 of Line A, with a lower...
Today a trader opened a bull risk reversal on Domino's Pizza buying over 700 SEP $400 calls and selling the $300 put.
This is a very bullish trade and not too far out , indicating a potential move up to $400 in the near term.
Technically, DPZ has a bullish EMA cross and curl on the daily, with a weekly MACD bull cross forming as well.
Trading at $377 now, I...
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 $CMG but this one not even that, so someone might say that it is time for a pump -- well I'm betting the opposite, puke.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
WEEKLY: Right Chart
DPZ is overall bullish trading inside the blue rising broadening wedge, and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes.
DAILY: Left Chart
DPZ is forming a channel in red but the...
Looking at the M shaped curve for Dominos, it seems like it is setup for a symmetrical drop down to 350$ range.
Couple in inflation costs, labour shortages and supply chain issues this drop can be as fast 3 months.
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...
DPZ
Entry = 380
Cost Avg Down (CAD) = 352
1st Target = ATH (434)
2nd Target = 485
HODL Target = 516+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading...
Readers hoping to buy Domino's Pizza, Inc. (NYSE:DPZ) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. Ex-dividend means that investors that purchase the stock on or after the 14th of December will not receive this dividend, which will be paid on the 30th of December.
Domino's Pizza's next dividend payment will be...
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...
![DPZ: DPZ - Falling Trend Channel [MID TERM]](https://s3.tradingview.com/m/mIXO1jA4_mid.png "DPZ - Falling Trend Channel [MID TERM]")
