


samitrading
PremiumTHE stock to watch in the next few Days/weeks/months or so.! -Major support area starts @ $42.87 -Last line of defense is @ $28.55 -Range $42-$28 -Ever probable, applicable & all else absolute
Since the IPO we have had many weekly divers as such on the chart, as of this week we stand at 22 weeks Our MAX weekly divers was 56 Zoon in and go back to see data on the chart !!
Two major targets here for PZZA as illustrated on the chart all else absolute ! Major trend line starting from 2012's low and the second one is Covid's low! Both are legitimate technical reversal points !!!
People are buying no question is aske !!! The real question is whether we have bottomed or not !!! Fact: This is a trough in the "Making" !!!
2ed Highest short sell volume since 2018 with lower low happing after it !!! Could be nothing right, or it could be everything !!!
History will repeat it self ? A. Yes B. No On the other hand: "Berkshire Hathaway, added two new stocks to its equity portfolio: Pool Corporation and Domino's Pizza." Not Papa Johns !!!
Nothing to say here exept that these levels of RSI has not been seen since IPO of PZZA back in the day. This is troug lands or not and we go sub $30 hitting lower trend line !!!
- The relation between SPX and PZZA is at one of the lowest since the IPO !!! - Yes we could go lower - RSI and MACD suggest the is it $30ish is our trough land *** Or this is irrelevant and we crash to 20ish !!!
Not an expert on this, but these ratios seems to be talked about allot by financial experts when analyzing companies. In general they mean the ability of PZZA'S ability to pay its short/long term debits
According to different figures on line interest payments on debt for PZZA in 2024 will be above FWB:40M !!! Q4 could be $10M !!! $7M will be left on hand !!! Not a financial advisor/analyst but this thing is so low !!! Technically is bottoming Vs Fundamentally ( I do not know)
Hurst's Cyclic Theory: The basic tenant behind this theory is that markets achieve significant lows (or troughs) at the beginning (or end) of a cycle. Cycles have varying degrees based on wave length (in time) and are harmonized with the higher level cycles. - Blue is 4.5 starting the day of the IPO !!!
101 Basic trend lines and channels analysis. Red lines are still holding and green channel is holding thus far.
Still pretty high comparing with historical data all way back to IPO. Still high even with last low ( 2 Green circles) Even though we might have a bounce big time 20%-40% up on a monthly we are still on the high side or readings comparing an Apple for Apple all else absolute.!
Different indicator are still elevated and suggests that there is more room to the down side in the next few months or even 2 years. We have seen much lower numbers accross the board when having a major troughs.
Most analyst following AMD are downgrading its fundamentally because of the AI new software coming from small company in China. Well, technically we are completely going into the other direction which is we are having a major trough in coming weeks/months in 2025 with + 50% move. - The big question is when and where ? WARNING: Some Elliottions are calling for a...
Correlation Coefficient with NDX is suggesting a trough is in the making unless 1929 crashes start to happen soon as many Elliootions suggesting we are forming the final WAVE 5 of 1929 wave count.
Using day one as the first candle to count Using three time frames 18 Months, 4.5 Years and 9 Years All else absolute, we are having a trough right this very moment of very close by few months as illustrated on the chart.
The only other time we have had such a low readings we had (-76%) drawdown, we are setting on (-60%) this week therefore the risk down is another 16% correction. I have copied the following from Tradingview website to give u an insight on this indicator ! " Definition Technical Ratings is a technical analysis tool that combines the ratings of several technical...