Short
Swing Trade - 3/20, 350puts
Back 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.
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.