Monday, February 13, 2012

February 13, 2012 - (PZZA)

Stock Name: PZZA
Papa Johns International
Chart: Daily
Source: Freestockcharts

How I'm Trading PZZA: For the last 2 months, PZZA has been following it's 30 day MA very nicely. Friday it hit the 30-day MA on below average while the stochastics moved very close to being oversold. Today the stock is up 2.5% and the stochastics look to be reversing.

My Buy Signal: When PZZA bounced off the 30-day MA and the stochastics reversed.

My Sell Signal: When PZZA moves below the 30-day MA.

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