Saturday, December 02, 2006

DPZ Analysis 12.02.2006

November ended with spinning top or doji type of candle .... indicating indecision with test of prior high. Possible 5 waves up into the $29 area high. IF we have 5 waves up, THEN look for an abc 3 wave type of correction back to the .618 fib level.
Past week we saw profit-taking, as evidence by a close below the prior week's open.

Monday saw buyers coming back into the stock, but were soon met with sellers.

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