Domino's Pizza Took a Dump. And now I see 2 possible scenarios that could play out.
1. V Recovery.
2. A retest of the Lows. We often see this occur, and is actually Bullish in the Longer Term.
I've yet to find an Indicator that can predict a DUMP. Message me if you know of one please.
I was lucky to only have a few $ in this Ticker.
As always, please get a few...
Hi folk, I am sharing my four analysis to DMP , unfortunately ,other charts were removed by Tradingview due to some violation from my side
However, this video analysis will help to analysis the stock chart
Love to hear in comments box below
Disc: No buy or sell recon, DYOR, Invested in very lower level, added another trance with strict Monthly closing basis...
Dominoes Pizza deviated the 2022 yearly all time low and back within trading trading range
Looking for Target 1. will reevaluate if we get there if it hold next target is target 2 Mid range marked on chart.
news
"Domino's added that it aims to transition to deliveries through Uber Eats in 27 international markets this year, including in the UK, Canada and Australia."
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...
Domino's Pizza Enterprises Ltd.'s stock in Sydney dropped 24%, its biggest decline ever, after reporting a 21% drop in first-half earnings as customers resisted price hikes implemented to offset inflationary pressures. The company stated that the increase in prices hurt customer counts, especially in Europe and Asia.
From personal experience I can confirm. I'd...
PE Ratio at 34X atm
Historically mid to high teens has been the lows on a PE basis.
Quite alot of debt so have tacked on a large MOS.
$35 wild environment to be investing in!
ENTRY: 75.45
SL: 82.29
TP1: 70.60
TP2: 66.31
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Moving averages are aligned.
- Breakdown on 23 Feb 2022 and in range contraction since then.
- Entry based on today breakdown from range, >3% rebound off 10EMA and down-trendline with volume
Stage 4 of growth has just started....?
History tells us that....
Domino's Pizza Enterprises Limited (DMP) is engaged in the operation of retail food outlets and franchise service. The Company holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, France, Belgium, the Netherlands, Japan and the Principality of...
Spotted this idea from @CompoundingCentral
Looks like it is recovering nicely after a recent pullback. The supporting indicators look like they might be starting to turn bullish as well.
I wonder though if now that a lot of Australia is opening back up including restaurants etc if that might take some of the attraction back off Dominos.
Could be worth a look.
Text me if you have any questions/comments for me.
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DMP
- Previous analysis was done on 12 Oct (red arrow) -> Suggested waiting for a series of HHs and HLs due to Structure Break
- Since then, it tested $132 levels as a support before trying to break the short- and mid-term resistances
- Today’s huge gap down to the strong support at $115 levels proves that...
This instructional vidio shows you how to use the Fib tool on impulse waves 1-2-3.. Generally Wave 3 is the longest wave . I have changed the settings on the TV fib tool to make it clearer . You can also use the Extension tool as well by clicking once on the bottom of wave 1, once at the top of wave 1 and finally at the bottom of wave 2 to find targets.
...
Text me if you have any questions/comments for me.
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DMP
- Previous analysis was done on 17 Sep (red arrow) -> Suggest waiting for a successful rebound at $164 levels before plotting entry
- Since then, the stock failed to reach those levels but instead created a Lower High and has fallen below the mid-term support
- Stock has experienced a Structure Break...
Text me if you have any questions/comments for me.
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DMP
- First time doing a written analysis on DMP
- Stock has history of uptrends that usually end with strong price increases (blue arrows) that is followed by the stock falling below the mid-term support (red arrows)
- Since early Aug 2021, the stock price has risen more than 40% with almost no good setup...
Been in this since 2019,reasoning is Technical analysis for LTF chart and current price action and structure tells when my "risk on" phase is nearing. So l head to sidelines.. Sure price could still go higher it won't bother me, Happy trading Perma
