This can boom!

19. Juli 2020

DPZ tried breaking out of resistance 3 times already and it finally did with earnings on thursday. What i suspect happened on Friday was a pullback to test previous resistance which may be the new support. This one I'm watching closely on Monday. While the volume is lower than i'd like it to be and the oscillators are pointing down i think a significant buzz is being created over the weekend (all the price upgrades from various analysts) can make this pop. I can even argue that what we'll see is the start of a 3rd elliot wave. I can short it if it drops to 375$ that's plan B.