June 01 2020 – Leading Stocks To Watch For A Breakout This WeekJune 01 2020 – Leading Stocks To Watch For A Breakout This Week
Contact me for the page to review the details.
NASDAQ:IXIC
NASDAQ:NDX
NASDAQ:TSLA
NASDAQ:MSFT
NYSE:UNH
NYSE:DPZ
NASDAQ:AAPL
$^IXIC #nasdaq $TSLA #tesla $MSFT #microsoft $UNH #unitedhealthgroup $DPZ #dominospizza #technology #semiconductors #coronavirus #financialforecast #stocks #stockstowatch #stockmarket #wallstreet #nyse #sp500 #investing #investors #trading #traders #elliottwave #markets #finance #economy
NASDAQ:NDX
Dominospizza
Dominos Pizza $DPZDPZ is worth to watch stock. It is very close to break out. needs to hold above $385.97 and watch for rsi break out too.
12 months Consensus Price Target: $375.59
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Dominos Pizza Short Term Analysis- Stand aside1h Chart Analysis - Currently the market can move in both direction - the main trend is still Bullish.
I was not able to find any interesting signal/patter to determine the level for the option A. While, if the red line work as resistance the price can jump back to a 276.0 level (approximately)
Dominos Pizza Bullish Flag - Currently Stand asideBased on a daily chart (long term analysis)
It can not be a broadening formation (dotted line and red line) as it seems to work more as a continuation pattern.
It is more a Bullish Flag (red line and black line). The bullish flag is drawn considering only the closure price as per Dow Theory and not the intraday variation.
To me it still seems a market out of control (see volumes and triangles drawn on the chart), hence I personally would stay out.
Overall it is a bullish Market, but it does not give any certain signal to buy yet.
Dominos in bearish controlStill hard to tell if Dominos will continue this downtrend, but it looks like the bears are taking control here. In large it looks like we are still in a bull flag like we had in sep-dec 2018. But key diffrence is that RSI is below transition zone. Takeaway from this is that we will likely go down instead of going up. Best place to short will be the S/R flip or at the EMA's if price gets there.
Domino's pizza updateDomino's pizza stock approached the support buy zone, near a big daily trend line. Major banks like JP Morgan have a $270 price target at the moment, labelling the stock as 'overweight'. Investment funds like Maxim Group targets at $300 back to the highs of this stock. Overall banks and investment funds believe the stock is considered under priced.
Technically, stock almost hit support at oversold on indicators. Would be best to see if the stock hits the support zone first before buying in. Good Luck!
Is Domino's days numbered as a growth stock. Growth investors have stepped in over the last 2 years every time Domino's has disappointing at report time or had negative news regarding their buyback. I think we are going to find out very soon if growth investors patience has run to thin. from a technical point of view DMP looks a high probabilty of breaking to the downside. Furthermore, its hard to see a clear level from a technical point of view where support may come in. Perhaps around $33.