VantageMarkets

Dollar General to breakdown?

Short
NYSE:DG   Dollar General Corporation
Dollar General - 30d expiry - We look to Sell a break of 212.47 (stop at 220.62)

Daily signals are bearish.
The sequence for trading is lower lows and highs.
A clear break of 215 and we would look for further losses to 200.
Our outlook is bearish.
There is no clear indication that the downward move is coming to an end.

Our profit targets will be 193.53 and 190.53

Resistance: 218.50 / 222.21 / 225.00
Support: 212.59 / 205.00 / 200.00

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