Hello friends. My parents ordered Papa John's pizza, so I decided to follow my instincts and have a look at their stock. I was horrified with what I saw. Their stock trades at 32 P/E FWD, and is expected to grow far more slowly than it's sector. To add insult to injury, the pizza wasn't even all that good. If I'm being honest, I like Pizza Hut's better. But Papa John's was on sale, so it is what it is.
Anyway, we are expecting that this abysmal stock will likely rally right into our trap before sending the bulls straight into the meat grinder. We will be waiting to short if the prices pop up to our target, which is shown on the chart at $98.48
Thanks for playing.
Anyway, we are expecting that this abysmal stock will likely rally right into our trap before sending the bulls straight into the meat grinder. We will be waiting to short if the prices pop up to our target, which is shown on the chart at $98.48
Thanks for playing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.