Dollar General Corporation
Long
Updated

DG to $72

My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.

Price at or near bottom channels (period 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and below Bollinger Band
Entry at $68.95
Target is $72 or channel top
Trade closed: target reached
WOO HOO! SUCCESS!

Disclaimer