Domino’s Pizza ($DPZ) Earnings Preview: Breakout or Breakdown?

Domino's Pizza (NYSE:DPZ) is set to release its Q3 FY2024 earnings on October 10, pre-market, with expectations of an EPS of $3.62 and revenue around $1.1 billion. The stock is currently sitting at the 200-day EMA on the weekly chart, indicating a critical technical range. While market sentiment leans bearish, a surprise in earnings could trigger a sharp move.

Key levels to watch:

• Bullish: Target above $445 on a breakout.
  
• Bearish: Watch for a move toward $385 if earnings disappoint.
  

Implied volatility is currently at 7.5%, suggesting significant potential for post-earnings movement. Stay tuned for the market’s reaction!

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