Domino’s Pizza (DOM.L) 20-04-20
Domino’s Pizza (DOM.L): will the shares break resistance or fall back to the 313p support again? (-4%)?
- Now testing the 327p resistance, currently trading at 327.8p (at time of writing).
- This resistance has been robust to date.
- Will the price action return toward support at 313p? Does this provide an opportunity to short sellers? (-4%).
- As always, price action can be influenced by breaking news. Be mindful of news and new developments.
- Shares -0% from 12-month highs; +48% from 12 month lows.
Latest News
02 Apr: Domino’s Pizza has appointed of Neil Smith as interim CFO, effective from 15th April this year.
31 Mar: Domino’s announced it had appointed Dominic Paul as CEO designate, effective from 6th April this year.
27 Mar: Domino’s Pizza announced it had withdrawn its dividend to stockpile cash, despite a rise in deliveries that more than offset the decline in in-shop sales within the United Kingdom.
23 Mar: Berenberg has upgraded its rating on Domino’s Pizza Group (DOM) to hold (from sell) and increased the target price to 250p (from 225p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires