DPZ is one of the strongest looking stocks in the market right now and it’s not surprise with lots of people ordering delivery food during isolation and Dominoes has handled the transition really well.
The chart looks great with the stock trending higher over the last 6-7 days and it looks like it wants to make a run to $380 and I think it might get there in the next two weeks.
DPZ is above all key moving averages and they are all trending higher.
This diagonal spread creates a nice profit zone at that target.
I would reassess the trade or close it out if it broke below today’s low at $338.71.
