Papa Johns had seen a lift in recent days. After the very ugly fallout of the actual Papa John getting forced out of his own company, PZZA is finding new investors in the company. The most notable name has been Shaquille O’Neal. Shaw is actually a very savvy investor and is tied to a lot of fast food names. He is a  Five Guys and Auntie Em franchise owner and has great success with his stores. He has tons of other business ventures, but this one in PZZA could be his biggest score in the future.

Outside of the madness surrounding PZZA, the company has a strong base of customers that are loyal to the brand. If Dominos Pizza (Ticker: DPZ) has shown immense growth potential and rise in stock price, it will not be surprising to see PZZA correct itself and start moving higher. It is a pretty simple formula. Surround yourself with successful people and you will start seeing success. They have been down the path of profitability and that is what they can bring to the table. Add the brand power of Shaw, and you can see a breakout in the stock price. PZZA is doing exactly what I am taking full advantage of the opportunity.

Below is the breakout signal I called for the Momentum stocks room, and we are already seeing strong percentage gains in the stock. In JUST A DAY we are already looking to scale out a position of the signal.  Couple that with the macro markets being weak, and PZZA stock performance has screamed strength. So far, so good for our signal. The update will come soon.

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

Read Similar Articles

September 30, 2020

Bad News For NKLA Can Be Good News For NIO

  We had a great example of a swing buy entry in NIO, Inc., the electric car company (Ticker: NIO). It’s based on a break out pattern on an hourly chart and confirmed with a daily chart.   Click the video below to learn more details: Grab a free day pass to one of our live […]

Read Article
September 29, 2020

The Similarities and Differences Between VIX and VXX

The VIX and VXX are both very popular trading vehicles for trading volatility.  But, unlike the perceptions of many traders, they are not exactly interchangeable.  There are many similarities and more importantly, some very important differences. Click the video below to learn more details: Grab a free day pass to one of our live signal […]

Read Article
August 4, 2020

TSLA Inside Bar Entry

An inside bar is just what the name implied.  It is a bar that is “inside” of another bar.  We use a daily chart for this approach.  So the high from two days ago is higher than the high from one day ago and the low of two days ago is lower than the low […]

Read Article

Read Similar Articles

September 30, 2020

Bad News For NKLA Can Be Good News For NIO

  We had a great example of a swing buy entry in NIO, Inc., the electric car company (Ticker: NIO). It’s based on a break out pattern on an hourly chart and confirmed with a daily chart.   Click the video below to learn more details: Grab a free day pass to one of our live […]

Read Article
September 29, 2020

The Similarities and Differences Between VIX and VXX

The VIX and VXX are both very popular trading vehicles for trading volatility.  But, unlike the perceptions of many traders, they are not exactly interchangeable.  There are many similarities and more importantly, some very important differences. Click the video below to learn more details: Grab a free day pass to one of our live signal […]

Read Article
August 4, 2020

TSLA Inside Bar Entry

An inside bar is just what the name implied.  It is a bar that is “inside” of another bar.  We use a daily chart for this approach.  So the high from two days ago is higher than the high from one day ago and the low of two days ago is lower than the low […]

Read Article