DPZ (Dominos Pizza Inc) exceeded the suggested stop of any move above 189.35 for a 4.5% loss with the stock making what is likely to be one final thrust higher to put in another divergent high. While this trade will be moved to the Completed Trade category, it may be added back as another swing [...]
I'm blocking off some time today to review & update the current trade ideas on the site. As there might be quite a few updates posted today, email notifications will only be sent out on time sensitive trade updates with an email notification going out once all the trades in need of an update have [...]
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 [...]
DPZ recently broke below this ascending channel but prices shortly moved back within the channel. Although divergences persist, DPZ will be considered stopped out on any close above 67.00. [...]
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 [...]