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...
Hello friends. My parents ordered Papa John's pizza, so I decided to follow my instincts and have a look at their stock. I was horrified with what I saw. Their stock trades at 32 P/E FWD, and is expected to grow far more slowly than it's sector. To add insult to injury, the pizza wasn't even all that good. If I'm being honest, I like Pizza Hut's better. But Papa...
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.
$PZZA Breakout after double cup consolidation lasting for 37 weeks.
Nice sign of accumulation with pocket pivots all along the consolidation journey.
Last earning results were amazing. $DPZ (same industry) reported today and had a big jump.
Let's see if it can follow through.
Description: PZZA is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $95.1 - $98
2. Take profit: $111.32
3. Stop Loss: $92.9
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 92%
PZZA - Gap fill play. Retail been seeing some action, and with US being 20%+ vaccinated and California expected to fully reopen by June, I think restaurants and pizza (parties), can see some tail wind. Don't enter unless trigger hits, but once it does, we should sail thru gap pretty nicely.
With 20%+ of the US population vaccinated, and California planning to reopen fully by June, I am expecting retail + restaurants to start picking up steam. PZZA has a nice juicy gap right over head. Take calls around 2-3 weeks out to play it safer. Once trigger hits, gap fill begins.
It appears that the uptrend for NASDAQ:PZZA is still strong as it rebounded form a very good support at $85. This zone converges with 4 support signals; previous high, uptrend line, 20 day MA and 50 day MA. This could be a really good buy signal also because the price made a breakout from a pennant pattern with good buying volume. I already hold some in my...
$PZZA
This doesn’t seem to follow these wave theory rules unless I am missing something, so hoping to learn more; but here is my argument:
- Playing the bounce off the price channel support and the 200SMA.
- 30 day chart has the 50sma crossing the 200 and 100sma trending the same. Once those cross I am fully bullish.
- If the pennant formation holds the sma’s...
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...
