The stock still continues to base in the formation. We no longer have the pennant formation. I would say the flag formation is still intact. But the move needs to happen soon. I am targeting a move from 34 to 35 to start taking profits (or sooner if this pattern takes too long to materialize). I am starting to see a lot of positive coverage in the press about DPZ (e.g. Cramer has now recommended it in Mad Money). I am looking for that move where everyone piles in driving the stock up about 15-20% and take my profits as option expiration drawn near.
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