Potential Buy Alert DMP
DMP – Dominos Pizza Enterprises Limited
DMP has been sold lower from the highs back in August 2016 but has a line been drawn in the sand and strong support found? We see the 40.00 level provided support where buyers stepped in and price is now in the process of holding a higher low as further buyers step in. Still early days as price has some work to do but we are watching for a push up out of contraction before an entry setup plays out.
Stock Code : DMP – Dominos Pizza Enterprises Limited
Company Website : www.dominos.com.au
Current Price : 46.58
Status : On watch for buy entry setup