Papa John's Wave Analysis 19 February 2026

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(MENAFN- FxPro) 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 © from December.

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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.

MENAFN19022026000156011031ID1110766386

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