DPZ - An excellent buying opportunity?Clearly they're doing something right - with their impending move toward a more tech-sentric NASDAQ and bullish sentiment from fresh investors like Warren Buffet - DPZ is almost too big to fail and food does not get replaced by any emerging sector (at least pizza doesn't) and as the largest pizza chain in the world, they're set up for success and are proving it in their reports.
Technically, as you'll see in the video, we've been setting up very nicely on a HTF for a large-scale breakout and are just digging for some more bulls to sustain a larger move. Within our very controlled white selling algorithm, we are right where we want to be as we build a higher base and we attempt to head for ATH with a stronger base of buyers.
Trade at your level and always do your own analysis - this is just my way of reading the market and sharing some education on how you can do it yourselves irrelevant of the specific stock. You've all seen me be wrong on positions at different times and that's why I'm always managing my risk and preparing my trades for execution at areas that I pre-identify.
Happy Trading all :)
