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Non-Tech : Papa John's International
PZZA 50.81-0.9%Oct 31 9:30 AM EDT

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To: otter who wrote (26)7/13/1999 6:28:00 PM
From: Toby Zidle  Read Replies (1) of 32
 
Well, PZZA still can't break through $45, can it? I don't like the charts for now. It looks like it's going back to the same old $40-$45 or $36-$45 trading range.

For a buy, wait until it's closer to the bottom of the trading range or wait til PZZA breaks through its strong $45 resistance.

I could buy PZZA at $47, but I can't buy it at $42. (If it goes down a few bucks more, then, yes, we could get a reversal and a Buy. But in that case you have to be ready to sell at $45 so you don't see your profits go down the drain in the next cycle. With all the alternative investments out there, is this one worth it?)
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