Yesterday we received news that Buffett has invested in DPZ. It is important to keep in mind that Buffett has not performed very well in this type of market environment, and some are speculating that he has been taking a lot of losing trades since Charlie Munger passed away. With that in mind, I think DPZ has lost support at the light blue trendline, and this support level is now acting as resistance. I think DPZ is trending up for the moment, and I have these key resistance targets on the way up: $523.86, $600, and $722.30. DPZ would need to reclaim support above the light blue support line to flip bullish again.
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