Domino’s Pizza for 2/06/2020

#Gold #SP500 As we get dangerously close to the point when some idiot starts pointing out how many shopping days remain until Xmas, we also have hit a point where the markets start to show some proper recovery potentials. #Domino’s Pizza, for instance, appear on the edge of quite interesting share price movements.

 

It’s an issue which completely bamboozled us, how the takeaway food industry could keep operating without a testing regime in place for staff. Common sense alone suggested if the person putting the product in a bag was infected, the illness risked being past to every single person placing an order. Despite this gaping flaw, fast food deliveries remained available, making us wonder if any members of Govt family also sit on the board of a major delivery company?

Now the madness of Covid-19 appears to be diminished, Domino’s share price looks ready for a further surge.

Above 365p looks capable of an attempt at 377p next with secondary, if exceeded, a crucial longer term 433p. As this represents the potential for a new all time high, it’s also worth mentioning the highest we can calculate works out at a distant sounding 495p.

 

If the price intends become troublesome, it needs trade below 317p as this suggests it entering a reversal cycle to 270p with secondary, if broken, at a bottom hopefully at 197p. Visually, nothing suggests this is a threat.

Hey, chart goes here

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:20PM BRENT 38.63
10:12:35PM GOLD 1740.07 1727 1721.5 1714 1736 1742 1746 1749 1734 ‘cess
10:15:21PM FTSE 6196 Success
10:17:13PM FRANCE 4798
10:27:19PM GERMANY 11930 Success
10:29:05PM US500 3056.47 3023 3012.5 2996 3046 3061 3067 3081 3051
10:31:42PM DOW 25487 Shambles
10:34:03PM NASDAQ 9598.87 Shambles
10:35:53PM JAPAN 22199 Success
1/06/2020 FTSE Closed at 6166 points. Change of 1.48%. Total value traded through LSE was: £ 4,710,780,672 a change of -60.33%
29/05/2020 FTSE Closed at 6076 points. Change of -2.28%. Total value traded through LSE was: £ 11,874,374,361 a change of 71.67%
28/05/2020 FTSE Closed at 6218 points. Change of 1.2%. Total value traded through LSE was: £ 6,916,892,220 a change of -17.92%
27/05/2020 FTSE Closed at 6144 points. Change of 1.27%. Total value traded through LSE was: £ 8,427,394,585 a change of 29.04%
26/05/2020 FTSE Closed at 6067 points. Change of 1.23%. Total value traded through LSE was: £ 6,530,822,409 a change of 28.08%
22/05/2020 FTSE Closed at 5993 points. Change of -0.37%. Total value traded through LSE was: £ 5,099,177,715 a change of -23.47%
21/05/2020 FTSE Closed at 6015 points. Change of -100%. Total value traded through LSE was: £ 6,663,000,786 a change of 0%

 

 

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