Volatility and non volatility
[click to enlarge]
In the instance of Dominos/DPZ, odds are good the rally into the $27-30 short term objective will end with a flourish, in volatility. This is due to the insufficient volatility (2) after the breakout (1), and would signal the moment to sell trading positions. (Only to re-enter upon the conclusion of the short term decline, measured against the ultimate price move.) More anon, if necessary.
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