The following notes & chart outline the entry criterion, price targets, suggested stop & beta-adjusted position size for a swing trade in DPZ, Dominos Pizza Inc.
In cleaning up the Active Trades list over the last couple of days, the following short trades have been moved to the Completed Trades category: FCH- Hit the first target for a quick 7.7% gain in late June before moving above the key downtrend line on the previously posted charts. DLTR- Hit the first target [...]
I'm balancing working through some of the programming issues on the site today with trying to post some of the short-side trade ideas that look to be currently offering an objective entry or add-on. In fact, I have an unusually large amount of very attractive short candidates on my watch-list and with today's large gap [...]
DPZ will trigger a short entry on a break below this extended price channel. Please note that the targets have been adjusted since this setup was last posted as the stock has continued to climb higher within the price channel, yet to trigger a breakdown. However, we now have solid divergences in place as the [...]
I spent some time pouring over the charts last night looking for trade ideas. In doing so, I came up with numerous candidates, both long and short. Some of these trade ideas are already listed as Active Trades on the site and/or Trade Setups while many are not. I'm going to start with the short [...]
DPZ will trigger a short entry on a break below the pattern on this daily chart. Targets listed, stops to be determined based upon the entry price but will most likely be on a move above the recent highs, giving this trade a very attractive R/R assuming that an entry is triggered soon. Daily & [...]