DPZ has one of my favorite bearish setups.
Most bearish case = 470 by 5/14/'24 (earliest,if it hits by then this is only the initial target)
Least bearish case = 470 by 6/7/'24 (if it takes that long to hit it will see a relief bounce in June before continuing lower.
**Breakdown level = 517.95**
Stop loss = 526
~If 470 hits by 5/14-5/23, then its very...
A price action below 511.00 supports a bearish trend direction.
Further bearish confirmation for a break below 505.00.
The target price is set at 484.00 (at the major support trendline).
The stop-loss is set at 531.00.
Start of downside price momentum applicable.
Domino's Pizza ( NYSE:DPZ ) sizzles in the first quarter, serving up a mouthwatering performance that leaves investors craving for more. With a strategic blend of innovative initiatives and strategic partnerships, the world's largest pizza chain surpasses expectations, sending its shares soaring in early trading.
Loyalty Program and Uber Eats Partnership Drive...
December 2022 saw Domino's reaching a high of $567.57 before reaching a base of $285.84, a drop of 50% from the highs. Since then, DPZ has rallied with the rest of the market, up 22% YTD aat press time, seeing a level of sell pressure as it dances around the $500 mark.
Looking at the daily timeframe below...
...you can see a topping out structure as the C...
The stock and broke out of the declining wedge and completed the throwback to rise up strong into a flag pattern with increasing momentum as is expected to continue strong into the rising trend.
Domino's Pizza ( NYSE:DPZ ) has once again delivered a delectable performance, serving up better-than-expected fourth-quarter earnings and announcing a significant dividend increase, sending its shares soaring higher. The renowned restaurant chain's robust financial results underscore its resilience and strategic initiatives amidst a dynamic market landscape,...
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.
Looking...
█ 📶 SIMPLISTIC ANALYSIS </
Current Market Trend: neutral/no defined trend.
Next Wave: buy wave to the mean.
Next Swing: negative swing to support.
Trade Type: Touch & Go don't wait for a close.
█ 💵 EARNINGS AT A GLANCE </
Release Date: 10/12 BMO
Earnings Anticipations: positive surprise for EPS & positive surprise for Revenues.
Surprise-Confidence: on a scale...
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...
Domino's is a leading player in the global pizza delivery market, with a strong brand and a loyal customer base. The company has a track record of innovation and operational excellence, which has helped it to maintain its competitive advantage.
Domino's is well-positioned to benefit from the growth of the digital economy, as more and more customers are ordering...
DPZ currently holds a low on the 76 retracement and has got as high as the 50 fib. Most of the time when this happens the bias skews towards the bull side and the optimal trade is to pick up long entries on the 61 retest.
Price should not break the 61 (Maybe with wicks) and certainly should not trade under the 76 in this setup. This dictates the stop loss area....
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...
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...
