PZZA Wave Analysis – 12 May 2026

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PZZA Wave Analysis – 12 May 2026Papa John's International, Inc.BATS:PZZAFxPro- PZZA reversed from strong support level 30.95 - Likely to rise to resistance level 37.75 PZZA recently reversed from the support zone between the strong support level 30.95 (which has been reversing the price from the start of 2025) and the lower weekly Bollinger Band. The upward reversal from the support level 30.95 continues the active weekly impulse wave 1 from March. Given the strength of the support level 30.95 and the bullish divergence on the weekly Stochastic, PZZA can be expected to rise to the next resistance level 37.75.