What is so amazing about a chart that fell roughly 50% in 1 year?
What we're seeing right now is a textbook falling channel structure. In general a falling channel consists of 1 resistance line and 1 support line in which the price oscilates between.
There are 4 lines on my chart. I'd like to add an extra support and resistance line in order to create more...
DPZ Q3 2022 earnings are on 10/13 at 7:30am. Domino's Pizza (DPZ) reported Q2 June 2022 earnings of $2.82 per share on revenue of $1.1 billion. The consensus earnings estimate was $2.88 per share on revenue of $1.1 billion. Revenue grew 3.2% on a year-over-year basis.
Q3 September 2022 Consensus:
EPS = $2.96
Revenue = $1.07B
52wk high = 567.57
52wk low =...
if you wanted to buy Domino's now is the TIME!
Currently trading at 52-week's low, extremely oversold on RSI (28), every time it goes oversold stock goes up around $20 up, and if overbought reverse! Finally showing us signs of recovery, usually when the market is going to but the stock moves up means there will be big upside potential, especially when the market...
A stock that reflects folk food. Should reflect the state of the population. recently reported reasonable results but stated a decrease in revenue in stores and also that "people eat/make pizza at home"....
Technically reached a significant level of 300. The scenarios: A. Rape can occur upwards to the downward trend line and examine it. b. If you break it. Next...
My last two posts were about the SPX and AMD and their falling channels, which are my favorite patterns to trade.
They follow an easy concept: They stay in their channels, untill they go sideways on an important support level, preferibly on a bullish rsi on the daily or weekly chart. I spotted one on the DPZ weekly chart, so I had to make a post about it.
I can...
1st gainer in November is NYSE:DPZ . Holding period is 29 days (10/4/22-11/2/22). Account up 0.5%.
This month till today, my account is up 0.5%, average holding period is 29 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Hello dear Traders,
Here is my idea for #DPZ
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support...
The weekly chart shows the price has just broke down from the bullish trend which has been ongoing for many years. Look at the resistance at 296 level from Jun 2018 to Dec 2019. Now the price is revisiting this level and I believe is likely to break down further to 240 price level........
This can be a short term short trade for those who are keen. Please DYODD.
ATH 567.57
ATL 2.61
Very steep rise that is better seen on a monthly chart.
Most Arcs fall an average of 50 to 79%. Some fall more/some fall less
Short for the longer term.
No recommendation//Short interest is around 4%
There is a huge "Head and Shoulders" pattern on the weekly chart.
The pattern is bearish in itself, but less so when some other facts are taken into account.
RSI is oversold on the daily chart and almost on the weekly chart.
It means that downward space is limited.
A downward breakout would result in a false breakout.
In addition, there was a huge volume pullback...
I like this head and shoulders on the monthly chart here.. If we break the shoulders the nearest support is the 100MA on the monthly. This could be fast with the market or over a few months so go out a few on the options..
Sign of Bearish Trend
- Candlesticks moving below MA200 , possible challenge MA200 soon.
- If we take a look at ichimoku indicator, candlesticks moving back into the cloud & lagging span moving at similar level as candlesticks(failing to establish bullish revesral)
-Downtrend line B which form Lower low (LL2) has reach expectation of 1:1 of Line A, with a lower...
Today a trader opened a bull risk reversal on Domino's Pizza buying over 700 SEP $400 calls and selling the $300 put.
This is a very bullish trade and not too far out , indicating a potential move up to $400 in the near term.
Technically, DPZ has a bullish EMA cross and curl on the daily, with a weekly MACD bull cross forming as well.
Trading at $377 now, I...
