Papa John's ( NASDAQ:PZZA ), the renowned pizza delivery and carryout chain, recently released its Q4 FY2023 earnings report, revealing a mixed bag of results that have left investors contemplating their next move. Despite beating analyst expectations on certain fronts, the company fell short in terms of revenue, raising questions about its growth trajectory and...
A Deep Dive into the Pizza Giant's Path to Success"
Papa John's ( NASDAQ:PZZA ), a renowned player in the pizza industry, recently unveiled its Back to Better 2.0 initiative along with compelling strategic growth initiatives as part of its roadmap for the future. The announcement, made ahead of the 26th Annual ICR Conference, shed light on the company's plans to...
Hi guys! This is a Technical Analysis on PZZA/ Papa Johns Pizza and its current price action showing a potential swing trade set up in my opinion.
Lets jump right in.
Note this is on the WEEKLY Timeframe.
I am currently posting this on Thursday so current candle is not yet confirmed.
Wait till friday's market close. And trading weekly candles it can also help...
PZZA Is nearing the top of a long term channel
Similar points in yellow, which follow with a run up, then to a rejection. In this case will be at the top of the long term channel.
NASDAQ:PZZA took the 10day outside-inside-up (the 3-1-2 Chicago #TheStrat) showing it's attempting to expand the range.
Been stuck there awhile.
Time to squeeze the shorts and take it back to the triple digits.
Entry was $83.65 (10day up)
Stop $71.61 (could be managed tighter at $83.16 or trailing with a PSAR on a suitable timeframe but letting this swing with...
NASDAQ:PZZA
Title says it all. This looks to be a short term top to me on the 1D chart and a potential H&S in the making, currently in the process of printing the head.
$PZZA broke to ATH's after consolidating from May-June. Typically once you breakout to new ATH you will get a retest of the prior consolidation, hence why I am looking to short here with a...
NASDAQ:PZZA is attempting breakout from triangle pattern. With potential double bottom, it may lead to nice rally for the few months to come, with targets ranging from 60 to 75$. Aggresive stop @ ~48.5 should hold if the breakout is for real.
Papa gonna take it in the shorts. I forgot about this guy and this company until I saw his recent interview.
-Good R:R
-At important fib levels and historical resistance
-I'm bearish on restaurants anyway due to slowing growth so this lines up with my forecast of this sector
-I don't see a lot of demand for Papa's and if it sells of I wouldn't expect a lot of...
Ranges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the...
Papa John's added Shaq O'Neal to their Board of Directors
This had some positive bullish strength to stock
Price began to fall and created 1st high for range
Company announced their adding to their menu "Organic Veggies"
But Price continued to fall
Price found support and retested the range top
Price broke out of top range with strong volume support but breakout...
