DPZ trade ideas
SHORT: DPZ Rising Wedge into 1Q 2018DPZ has declining business fundamentals and sees a rising wedge set-up, which is bearish, coming down from a higher level. We'll see one of two potential price targets to the downside coming out of the wedge (see chart), based upon previous levels of support.
A good entry point for a DPZ ShortDPZ 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.
$DPZ getting there again$DPZ getting there again hitting the uptrend resis line. RSI overbought waiting to turn . Time to take a short coming
Domino's Pizza (DPZ) Buying Opportunity-On April 28, 2016 Company had disappointing earnings.
Estimate: 0.97
Earnings: 0.89
Total Decrease -0.08 (-8.25%)
-Stock recovered nicely with the RSI indicator following the stocks trend
-April 27, 2017 is the next earnings report for DPZ
Estimate: 1.16
Earnings: ???
The stock is starting to sell off with rumours of lower than projected earnings. I'm projecting the stock to continue to sell off to continue to around the $164-$160 level.
-Great opportunity to buy at a discounted price after earnings are reported.
DPZ - Upward channel breakdown short from $175 to $153DPZ is breaking down from an upward channel with huge increase in volume. It seems it has more room to decline.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
DPZ looks interestingDPZ picked up above average volume on Monday. Let's see how it develops on the right hand side of the base.
Buy Dominos Pizza :)Lately I've been having fun practicing on literally any chart I come across so I decided to do some analysis on DPZ.
Price is in an accumulation phase in accordance with the Dow Theory. If price continues to behave like this, then a move up is very likely. So I suggest buying some pizza :)
6.1.8. Family.
More Than Just Trading.
LongHey guys, this is what i think about Domios. Dominos just keep going up since 8 years and never really stop so the strenght on the long term view is there, we see what the stock is capable. So the stock had earnings today and the reports of the fourth quarter were really good. It beats its estimates and the earning per share compare to last year went up from 1.18 to 1.48 so there was a nice increase in one year so this is very positive. On the chart as you can see and like i said , the primary trend is bullish. The short term trend is also bullish and that's what we want to see because we want to go with the trend and not against it. After a nice move up a month ago, the stock started to consolidate a little bit, people are taking profit, there are not a lot of sellers and the volume is low. Now today the stock gaps and finished the day with a nice gain. The volume was huge and that's why im looking to buy the stock. People are positive, the buying pressure is there and the stock broke out of a nice stair steps pattern. The stock almost close at his new high of all time so thats good. Looking forward to this stock and i want to say that the potential is there. No limits or resistance to stop it so i will look to buy the stock tomorow around 190.72 and will hold it for about a month. If the stock don't reach my price,then i will not trade it.
False break of channel resistance. Short if goes under channelFalse break of channel resistance. Short if goes under channel
Dominos dropping after earnings?Last time earnings missed (2016Q1), the stock dropped 12.5%. A similar drop would bring it down to around 131.52. DPZ is currently near the top of the trend channel. The company has been in an overall uptrend for over a decade and long-term could continue up. With the food industry moving down, a weak earnings could thrust this company down in the short-term.
Based on technical analysis, I speculate a 20 point drop within the next few days to weeks.
Rising doughHuge earnings gap up and been consolidating that big move for a month. Looks like the next leg could be very soon.
@twinstrader
The Pizza might be Cooling offSpike Monthly Bar into the Area of interest....
Patience and Price action is needed on this
Parabolic Move
