Where is the bottom for Pizza Pizza (PZA.TO)? $7.00?

Pizza Pizza is trading at $9.48 which is below major support near $10.50. It is yielding 9.03% which is a indication that investors expect a cut in the payout.

Pizza Pizza six year weekly chart showing the break below major support of $10.50

Pizza Pizza (PAZ.TO) 6-Year Chart

Reference my last post on Pizza Pizza.

http://www.pizzapizza.ca/investors/

______________________________

“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.