Technicals
Others? I think that even when the economy collapses - people will still eat pizza (and order them ;) ).
So I'm positioned long in this stock. It's a speculative position - I don't know if the correction was big enough; otherwise, we will see 395 or even 355 USD prices before it goes up again.
- We're now at the 38.2 % Fib retracement, which would be an excellent correction in a bullish trend.
- We have been in the big picture for over ten years in a bullish trend. So the underlying trend may continue.
- Concerning the last 15 years, we have a robust bullish seasonality in Domino's Pizza. From the 24th of Feb until the 12th of May, only one year returned with a negative result in the given period.
- All other technicals are somewhat bearish.
Others? I think that even when the economy collapses - people will still eat pizza (and order them ;) ).
So I'm positioned long in this stock. It's a speculative position - I don't know if the correction was big enough; otherwise, we will see 395 or even 355 USD prices before it goes up again.
Trade closed manually:
Okay, in the meantime, we've got WAR. Or the market believes we've got war. Or the war is going to proliferate the next time. So I personally closed nearly every trading/investing position. The only positions I hold (and buy more of) at the moment are the three Cs:
Commodities, Cash and Cryptos
Commodities, Cash and Cryptos