Today DLTR gapping down around 7% and I see here a potential long opportunity. I want the price to confirm 138 support and show bullish momentum. First potential resist can be 50MA, but the price should break through easily. If 50MA won't be a problem - first targets are: 143-146.
Dollar Tree ( NASDAQ:DLTR ) encountered a tumultuous start to the year as it grappled with missed earnings estimates and recorded significant charges, signaling challenges in its store closure plan. While the discount retail giant reported revenue growth, uncertainties loom amidst liabilities and a cautious outlook. Let's delve deeper into the implications of...
This could be close to its "a bottom". If we have year-end rally, this could hit 140s and then die again. SL 95.
Investing or opening long positions when the TVC:VIX jumps can be a profitable strategy if done correctly, as it often signifies elevated market fear and potential undervaluation of assets. But first, let's figure out what TVC:VIX is! The Volatility Index, or TVC:VIX , is a real-time market index representing the market’s expectation of volatility over...
📈 Market Update: Opportunity Alert! 🚀 Hey everyone! After thorough analysis, I've observed that many stocks are now heavily oversold. Using a strategy I've developed over the years, there's a significant indication that the probability of profit is high for those considering a long position on NASDAQ:WBA NASDAQ:DLTR NYSE:DG NYSE:M NASDAQ:ULCC ...
DLTR dropped on a mild earnings beat. It is now below a volume shelf at 128. Indicators including the MACD suggest a reversal as bullish divergence is showing. The mass index supports a reversal. On the dual time frame RSI, the low TF green line is above the higher TF black line which is weaker. Overall, DLTR could retrace to 133 based on the Fib retracement...
DLTR has earnings in 3-4 trading days. On the 30 minute chart it has been sideways and maybe a little down for this past week which is par for the course given the general market. In the last trading day, price bounced up from the lower of the two Bollinger band set at 2.618 standard deviations below the mean basis band. The ZL MACD lines are upgoing and...
DG had a swing low in mid-March. While it has retraced well, it is still 15% below the YTD high On the 2H chart, the retracement uptrend is accompanied by a persistent volume of about 2X that of March and before. I am supposing that with an early or light recession underway, value sensitive consumers are delivering DG more revenue from its retail operations...
Downside to $142 here, low risk trade. Best of luck! Cheers, Ivan Labrie.
Textbook $DLTR short. Massive consolidation with a large gap on either side. The consolidation broke down, retested the consolidation, and was rejected. Additionally, even with the cross-market rally, $DLTR did not move as much as other stocks that bounced from the market relief. Lastly, $DLTR is almost exclusively owned by institutions, the setup is textbook, and...
DLTR way oversold on many indicators, false bear flag should see a bounce back to $152 in coming weeks
I added to my position around $136 today. We should see a bounce to $151-$154 range in coming 2 to 3 weeks. 70 $140 calls Sept 30th exp. Drop seems overdone considering EVERY company has been missing or withdrawing guidance, some go up, some go down. GL
DLTR is oversold here at $141.00 on lowered guidance (as if they're alone in lowering guidance lol)
Dollar Tree is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. Dollar Tree made a symmetrical triangle near the...
🔸️Ticker Symbol: $DLTR timeframe: 4H 🔸️3X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: With $DLTR opening up tomorrow's market with an ER, there may be some positive outlook on the outcome. So far in 2022, $DLTR has been on fire on company operations. The last 3 ER have led to significant jumps on the price action, and top analysis see no...
Dollar General is a huge discount retailer that plans to get even bigger. After a nasty island reversal in May, NYSE:DG has recover very well. This tight action in price has caught my eye and today is making an inside bar with pivot buy at $256.10. You can even say that is forming a cup & handle. The bad thing is that it publishes earnings next week so,...
Dolar Tree is in a confirmed uptrend and after a retest on support at $125, the price has formed a cup & handle with less of 30% throwback, this correction came after bad news on NYSE:WMT . That's why stocks like NASDAQ:DLTR and NYSE:DG came right back up. This shows strength and leadership in its industry. Inside the handle it has formed a shark pattern...
Dollar Tree, Inc.( NASDAQ:DLTR ) Sector: Retail Trade (Discount Stores) Market Capitalization: $37.582B Current Price: $167.36 Breakout price: $174.25 Buy Zone (Top/Bottom Range): $160.30-$130.35 Price Target: $207.00-$209.80 Estimated Duration to Target: 359-370d Contract of Interest: $DLTR 1/20/23 175c Trade price as of publish date: $16.40/contract