Domino's Pizza: Expected To Rise Towards Its Resistance Level At Approximately $320
Today’s instrument is Domino’s Pizza Inc., traded in the NYSE exchange under the ticker (DPZ).
Looking at the DPZ’s chart, we can see that it is in a downward trend, and it last traded at around $309.45.
In two days, DPZ is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should expect its price to rise towards its resistance level at around $320 otherwise, it could re-test its 52W low at about $300.
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