DPZ Short Trading Week Dec 3-8
Technicals:
- RSI Showing overbought at 66-72 range
- MACD Showing strong sell signal
- More sellers than buyers in recent months (volume)
- Clear head and shoulders between blue lines, indicating down-trend reversal
- Clean upper-trend line touch @ 184.72 and potential 2-week long head and shoulders pattern indicating reversal in ST up trend
- 50, 100, 200 Moving averages converging below stock price, showing that the stock may be overvalued and the trading range is tightening, poising it for a
potential breakout.
Technicals:
- RSI Showing overbought at 66-72 range
- MACD Showing strong sell signal
- More sellers than buyers in recent months (volume)
- Clear head and shoulders between blue lines, indicating down-trend reversal
- Clean upper-trend line touch @ 184.72 and potential 2-week long head and shoulders pattern indicating reversal in ST up trend
- 50, 100, 200 Moving averages converging below stock price, showing that the stock may be overvalued and the trading range is tightening, poising it for a
potential breakout.