Stock Alerts

Buyers have drawn a line in the sand and are building for a move up

Posted on by braden
30
May

Potential Buy Entry Alert DMP

Time Frame : Weekly

Sector : Consumer Services – Restaurants

Key Stats : $4.09 Billion Market Cap, VWAP 48.477, ASX Ranking 96, PE Ratio 38, Dividend Yield 2.15%, Down 28.81% versus Sector over Year.

 

DMP – Dominos Pizza Enterprises Limited

DMP has been under fire for a long time as long term buyers are squeezed out of the action. We now see the tide potentially changing as buyer start to defend the 40.00 support zone. Watching now for further evidence that buyers are on the move and building a higher low for the entry setup.

 

Stock Code : DMP – Dominos Pizza Enterprises Limited

Company Website : www.dominos.com.au

Current Price : 48.74

Status : On watch for higher low buy entry setup

 

braden