DPZ trade ideas
Bullish Engulfing $DPZApril Fools for DPZ? If you’re shorting yes. This just closed today on a massive bullish engulfing candle.
Domino’s pizza consolidated for 1 year After a breakout above 300 its showing a strength.wait for buying opportunities around 270-280 or for a consolidation.
Nobody wants pizza Beside the fact that Coronavirus is crushing stock prices - Dominos has been in a long painful correction since better than expected Q4 earnings, taking it's price to ATH and testing new ground. Price has broken through the descending channel shown, turning this into the upper axis of a flag pattern, the lower axis being support at 334. A close below 334 will give us that last push down, if support holds I imagine price will continue into the triangles boiling point.
DOMINOS PIZZA $DPZTrendline is broken. holds above 50 day MA and corona will help $DPZ to increase their sales. Rsi is still weak though i would wait to get over 60
Is this the best buy or biggest scam?I went LONG but the last 10 minute dump of 3% of the share price was effed up and SKETCHY at best1
Dominos Pizza Bull of the day $dpz
Having announced the hiring of 10,000 workers teh long term picture for earnings must be good.
May not be great to day trade but as a long term investment , expectations are for good long term returns.
Its is the perfect stay at home stock.
Dominos Pizza possible short term trade $dpzInitial bull run post earnings has disappeared but among the sector DPZ is in quiet a dominant position given their stay at home appeal .
The current market is extremely volatile so every trade is high risk.
Dominos will be a Top Buy When this Virus Ends (Keyword: When)Dominos is probably the only actual restaurant company to buy aside from McDonalds. However, the virus will be put in prime-time spotlight instead of their solid earnings.
Generally when gaps spike up like this and there is some calamity to bring the market down or the stock down, the gaps certainly fill, and often times even drop to major support.
At this point I would wait for the gap to close at about a 300.00 price tag, however, I wouldn't be totally surprised if we fall back to around 260 before rising up again.
- zSplit
Dominos Pizza Gap Fill OpportunityDominos Pizza (DPZ) gapped up 25% almost a week ago, and will likely get affected by the coronavirus, as many people will not go out for pizza anymore. Also many of their locations will be shut down if coronavirus is named a pandemic.
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Swing Trade - 3/20, 350putsBack in June 2018, when RSI was extended, the stock dropped about $40.
This earnings jump seems a bit excessive for a pizza company whose stock is cyclical - it generally rises during football season.
Weekly chart also shows a price rise that is irregular compared to normal stock movement. I am looking for sellers to take profit over the next few weeks.
DOMINOs PIZZA 1W BLUG FLAG LONG TRADEBull Flags are repeatable Range trading chart patterns.
Bull Flag chart pattern will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
Domino's About To Breakout??Breakout of $305, I'll enter and hold on..
Not financial advice
DotcomJack
Dominos Pizza Bullish
MACD in reversal
Histogram ticking higher
RSI in strong uptrend , plenty of room to run higher
Target price $340
Dominos Pizza Inc Breakout setting up $dpz
Possible we get a new all time high on earnings.
MACD in bullish reversal and Histogram ticking higher
RSI in nice uptrend
Channel breakout.
Strong Resistance @ $300?DPZ stock is overbought + we're approaching strong resistance level @ $300. I'll try to open a small short position somewhere between $290-300, SL $320, TP 240-220-180. However, be careful with this stock. avg. volume is below 1M + the stock itself is very expensive.
buy only above 290.25buy only above 290.25
T1=295.25
T2: 298.75
SL:284.25
or
Sell below: 281.25
T1: 275.25
T2: 272.25
SL 284..75
DPZ: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
retest of lower value line in uptrendLooking for a retest of lower value line of uptrend. If this holds, potential run back to control price (center line) of value area ~300
