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Papa John’s: ⬆️ Buy
– Papa John’s reversed from long-term support level 30.60
– Likely to rise to resistance level 35.00.
Papa John’s recently reversed from the strong support area between the long-term support level 30.60 (former yearly low from 2025) and the lower weekly Bollinger Band.
The upward reversal from this support area stopped the earlier extended weekly impulse wave (C) from December.
Given the strength of the support level 30.60 and the oversold reading on the weekly Stochastic, Papa John’s can be expected to rise to the next resistance level 35.00.
Source: https://fxpro.news
