The Falling Wedge is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
Technical analysis of Domino's (DPZ) reveals a significant setup. The stock is trading at $316.37, up 0.13% on the day. Algorithmically, a Double Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $377.1, targeting $456.72 with support near $337.29 (R:R 2.0).
What is your outlook on DPZ?