iJavidTrader

DPZ trending well

NYSE:DPZ   Domino's Pizza Inc
DPZ was originally mentioned and discussed on October 14th after the gap up on Earnings. Since then price provided a continuation pattern and moved up another $4.

Resistance is likely to be around $90 and if price moves beyond that then the $100 resistance is likely to be a good obstacle.

As a trend trader, I follow the trend which at present is clearly up but will wait for the next resistance to be cleared first.

Next Earnings is unconfirmed but is likely to be somewhere near February 24th 2015.

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