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The On-Balance-Volume (OBV) line has been weak since August and tells us that sellers of DPZ have been more aggressive than buyers for several months. In this daily Point and Figure chart of DPZ, below, we can see that prices reached a downside price target in the $405 area. In this weekly Point and Figure chart of DPZ, below, we can see a price target in the $279 area.
>>> Read more: Domino's Pizza Hasn't Warmed Enough to Buy Ahead of Earnings
>>> Read more: Domino's Pizza Hasn't Warmed Enough to Buy Ahead of Earnings