Double Top (classic)Typical double top pattern + Breaking the up trend + close below 50 days SMAShortby Moshkelgosha0
DPZ future bounce off trendline to new highsWe see $DPZ dropping down and solidifying this channel by bouncing off support formed from the trend line of lows through the last couple months. Indicators starting to inch towards oversold.Longby notilttrading0
DOMINOS PIZZA SELL OR BUY? Can go both ways or even more sideways. Up Or Down Or Sideways The chart clearly tells me to SELL The chart says BUY Price Action is going sideways My Recomendation: S E L L DPZLongby SlashFractal11
it's not looking good for $DPZSeems like $DPZ has been consolidating all week but today it broke through the floor. If this falls through 375$ next support is 362$. After that it's $300. I'm personally executing call credit spreads until i spot a reversal. This company will not go bankrupt but it seems like its going to get worse before it gets better. Trade safely. Shortby Needlez333
This can boom!$DPZ tried breaking out of resistance 3 times already and it finally did with earnings on thursday. What i suspect happened on Friday was a pullback to test previous resistance which may be the new support. This one I'm watching closely on Monday. While the volume is lower than i'd like it to be and the oscillators are pointing down i think a significant buzz is being created over the weekend (all the price upgrades from various analysts) can make this pop. I can even argue that what we'll see is the start of a 3rd elliot wave. I can short it if it drops to 375$ that's plan B. Longby Needlez336
DPZ outperforms peers. Bullish FridayDPZ ($407.52) is trading above estimated fair value ($263.27). Value is underperforming growth. DPZ price consolidates then breaks out. I predict stay at home stocks will continue to gain, especially the few restaurant socks able to keep business operating as usual. Chipotle might be an interesting stock to look into for similar reasons. Please always do your own research. This is not advice. I'm here to learn. Thoughts? Longby abreubarbara5
DPZ - CFD After a short signal on 23rd June, a clear reversal signal on 29th June. Holding the long position.Longby malessi1
DPZ breaking out from the falling wedge pattern.. keep watchingDPZ breaking out from the falling wedge pattern.. keep watching, this stock has done well during lockdown...Longby Mandy131Updated 6
DOMINO'S 🟥 Correction into earnings may present bullish levels💬 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 for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S1 orderblock at the most recent swing low is the first point of support for the bulls, we are essentially already at this level, and it would be a logical place for the bulls to hold above. That said, earnings are a ways off, so lower support may be needed. S2: The S2 S/R flip is where price most likely finds support. It would be logical for price to remain range-bound until earnings, and this level is the one to hold if that does end up being the case. S3: If the COVID fears get the better of the market, or if we see some unexpected DPZ FUD, then the S3 orderblock could work as a support of last resort for the bulls. Resistance: R1: The R1 bearish orderblock is the only real resistance to worry about here. If the bulls can send it past R1, then we are almost certainly going to make new highs. If the bears can defend R1, especially after earnings, then it is a bad look for this titan of pizza. ----- Summary: The bulls will want to hold the current range into earnings, likely by way of an ABC correction as shown on the chart. A move off S2 and above R1 into earnings or after it is ideal for the bulls. The bears will want to defend R1 to ensure the Domino's COVID FOMO ends here. Resources: www.earningswhispers.com + wtop.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨by AlphaBotSystem13
Domino's May Stop DeliveringI took requests on Twitter the other day and this stock came up. When I at first looked at the recent price action, I didn't see much right away, but I gained some clarity when I backed up. Back out all the way to a monthly chart and you might confuse this stock with a rocket ship company, given the verticality of its price action. However, in the time scale presented above, a clear rising broadening formation can be seen (yellow). Now, is it bullish or bearish? The answer to that question depends on how early one can detect a pattern like this. If caught early, it can be very bullish, as it can help you capture the impulsive moves that take the price to the top trend line. And once you arrive, it can warn you of an impending period of consolidation. And we can clearly see those periods above (red). Now, that said, where are we today? These patterns often resolve with the final thrust rolling over before ever getting to the top channel. And sure enough that is just what we see here. This recent, rising, period of consolidation (blue) often fails to the downside. After this final reversal, these patterns often ultimately resolve themselves with a failure of the lower (yellow) channel. So, at this point in the unfolding of this pattern, it is bearish. And it looks to have begun the process of failing from the recent rising flag already (blue). Shortby dereckcoatneyUpdated 336
DPZ 6/26 @380cPeople love NYSE:DPZ za and we love their chart. They've performed extremely well during COVID-19 and restaurants being closed. Although we're opening back up, they've gained many loyal customers during the lock-down. Look for their rise to continue with this new influx of customers. Longby TroutHouse3
004. Piggish Play - Long Dominos Pizza (DPZ) on 6/1/2020DPZ is a volcano set to erupt. It has been consolidating in this defined purple range since April 13th, after a massive gap up on an earnings crush. With institutions like the FED and other funds (who got the green light from the FED) are fighting popular opinion that the markets should be in a state of retracement. The reason why taking a long position in either equity or options is wise is because Dominoes can thrive under the two scenarios that could arise in the next month: 1) The infected count increases to the point of a second quarantine and DPZ sees further increased revenue 2) Everything is contained and life moves on along with a bullish market Technically speaking, the chart is primed for liftoff. All of the key EMAs are aligned for takeoff and a broad base has formed after two months of tight consolidation. The orange line splitting the middle of the chart represents the new bullish price channel, should the 390 line break + hold tomorrow. Such a channel suggests that a 50 point move is more likely than not over the next month. Therefore, entering a long position in equity and setting a looser stop is the way to play this like a fiddle. Trade Overview: - If DPZ breaks 390 tomorrow, enter a long position above 390 for a price target of 340. Sell above 330 before the end of the month, if it cannot break 340 by then. - There are blue skies above 390 (no historical resistance), so there's always a chance that it really moves closer to 500 in the coming weeks. I am not 100% psychic, so it is difficult to peg a specific price target, but I think that 340 is the most reasonable place to take at least some profits. - Set a loose sell stop at 368. - The reason for the loose stop is that it is very unlikely it pulls back significantly. If a tight stop is set, you will get shaken out before the next leg up and you will be either sad, chasing or both. - If DPZ cannot break 390 due to an extreme market-wide move down next week, then wait for an alternative entry at 350. The odds that it closes below 350 over the next 6 months are astronomically low. NYSE:DPZLongby UnknownUnicorn5511258Updated 8
Darvas Box BreakoutLooks like a good entry; but, really should wait for a confirmation at the close of the day.Longby Ron-V3