Can we get the 46-43 bounce?I did predicted the crash of PAPA JOHNS...
When the fucking people get greedy they should be fucked!
My prediction on Twitter:
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PZZA trade ideas
Breakout for Papa Johns?NASDAQ:PZZA is attempting breakout from triangle pattern. With potential double bottom, it may lead to nice rally for the few months to come, with targets ranging from 60 to 75$. Aggresive stop @ ~48.5 should hold if the breakout is for real.
Sorry PapaPapa gonna take it in the shorts. I forgot about this guy and this company until I saw his recent interview.
-Good R:R
-At important fib levels and historical resistance
-I'm bearish on restaurants anyway due to slowing growth so this lines up with my forecast of this sector
-I don't see a lot of demand for Papa's and if it sells of I wouldn't expect a lot of support until major areas of value.
**Trade responsibly, manage risk, do your own research
PAPA JOHNS PIZZA 1D DESCENDING TRIANGLE SHORT TRADERanges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns.
Triangles and ranges are consolidation chart patterns that can breakout either direction.
Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart ).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending volume bars and descending atr line (which indicates volatility ) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size.
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
Insider Selling + Perfect Head and Shoulders - Target $41.27A downward neckline Head and Shoulders is one of the highest probability reversal patterns that exist. As 90% of the daily volume follows the rules of patterns such as this it is important to recognize when these are occurring. There is also considerable insider selling to further increase the probability of this setup.
Looking good and holding puts on this baby!
1D PAPA JOHN'S RANGE TRADEPapa John's added Shaq O'Neal to their Board of Directors
This had some positive bullish strength to stock
Price began to fall and created 1st high for range
Company announced their adding to their menu "Organic Veggies"
But Price continued to fall
Price found support and retested the range top
Price broke out of top range with strong volume support but breakout failed
Price returned to range and fell to retest range bottom
Bias is Bearish range breakout because of failed bullish breakout
Watch for a Close below the range bottom w/ volume support
$PZZA BIG SHAQ ON THE OFFENCE FOR PAPA JOHNS The Papa Johns company has been on a damage limitation exercise for some time, during which they have been on the defensive against John Snhnatter which on the offensive with a new partnership with the legend SHAQ O'NEAL. Today's earnings report will tell us just how lucrative that partnership has been. Add to that the $200 million investment by Starboard and the appointment of 3 new board members, plus a partnership with delivery company Door Dash, expectations are high.
Company Description
Papa John's International, Inc. engages in the management and franchising pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising and International Operations. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, including breadsticks, cheese sticks, chicken poppers and wings, dessert items and canned or bottled beverages. The North America Commissaries segment comprises regional dough production, product distribution centers and sale & distribution of food & paper products to domestic company-owned and franchised restaurants. The North America Franchising segment focuses on the sales of franchise and development rights and collection of royalties from franchisees. The International Operations segment involves in the sales of franchise and development rights and the collection of royalties from international franchisees.
SHAQ STRATEGY APPLIED TO PAPA JOHN'SShaq O'Neal was appointed to the Board of Directors to Papa John's
Price has taken a sharp rise
Let's see if the strategy for Papa John's works
Papa John's Set To RecoverPZZA fell on Wednesday after news that a major bidder, Trian Fund Management LP, is no longer pursuing the company.
This follows a long rally for the stock, despite a broad market sell off. I think we'll see some consolidation here followed a modest gain as more news and bidders come into the picture.
I entered long at 47.87 here, with a strangle at DEC21 expiration.
DEC 21, 52.5C, 47.5P
Options Chart:
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PZZA - Strong year ahead?Solid trend channel and technicals on weekly and daily charts supporting PZZA having a good year ahead of them. Momentum building and ready to fire to the long side with potential to reach $100 in the next 12-16 months.
PZZA Detected possible stock repurchase!!!PZZA: papa johns intl
2018-03-01 08:30:11
Detected possible stock repurchase
Give Pizza To The Bears Hi guys. It's not time to buy pizza imho. Time for revising the diet. Have a nice day.
#PZZA #neutral PZZA has formed an ugly upside down cup and handle on the daily chart. However, on the 15 minute chart you can see a multiple bottom. The stock is also playing with a long term trend line.
With the lack of significant formations in the market to trade, I have decided to use this time to try some new strategies. I will try an earnings straddle. I am shooting for a march at the money straddle.
$PZZA positive RSI divergence at longterm supportThis strategy has been working amazingly well for me in 2017. See $CMSCA and $AA recent blow ups. RSI divergence indicates that the sell side momentum is waning quickly and buyers are swooping back in. Doesn't mean buyers will take control of the price but "I'm saying there's a chance" and the R/R is good.
PZZA Oversold RSI BounceAfter an incredible market overreaction PZZA has plummeted over $30 from the ATH. This is the lowest the rsi has been on 1D/3D/1W timeframes in nearly 18 months. This should make for an easy oversold bounce play with a conservative target of $68, a higher target of $75, and a potential new ATH given the incredibly strong trend of this stock.
