Short
Dominos fails to close above resistance
Weekly resistance failed to break on positive earning call.
-Bulls managed to break resistance but bears had just enough to close well below resistance/ top of range
-Believe we will test the bottom of that range again, AT LEAST 240
- - If we break that we had down around the ~205 area, but I dont believe that will happen
Daily RSI well oversold
- Not being able to close above resistance after positive earning even more obvious
-Bulls managed to break resistance but bears had just enough to close well below resistance/ top of range
-Believe we will test the bottom of that range again, AT LEAST 240
- - If we break that we had down around the ~205 area, but I dont believe that will happen
Daily RSI well oversold
- Not being able to close above resistance after positive earning even more obvious
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.