MarlosClock

DLTR: A tale of 3 pivots on a recession stock

Long
BATS:DLTR   Dollar Tree, Inc.
Max down I see is 80-ish on volume profile, but it could very well hold this 10y support trendline and bounce to 140-ish. I've got some options on it both ways, waiting on confirmation. It was overbought 2020-2023 on the most advertised recession in history. But according to 2000 and 2008, it should be a great investment long term. DLTR also has better earnings and financials than DG, who has a similar chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.