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Dominos (DPZ) Bull Flag Near Weekly Resistance

Dominos (DPZ) Bull Flag Near Weekly Resistance

by | Dec 13, 2021 | Chart SetUps

Dominos (DPZ) shares flagging in a multi-week range below recent highs at $549.50 and the top of monthly value. A breakout above $540 can set up a nice run with a measured move out to $580. DPZ is back at the July highs and forming a narrow five-week handle on the recent cup-like base and a breakout higher can send the best-in-class name up towards its bigger measured move of $650.