MaxCapital

LONG DLTR - Forward for the industry

Long
MaxCapital Updated   
NASDAQ:DLTR   Dollar Tree, Inc.
DLTR
Open 115.25
SL 114.15
TP 119.65

$DLTR
P/E 27.51
Forward P/E 20.55

Industry:
P/E 27.21
Forward P/E 21.67

A good time to catch up and overtake the industry. Break through the resistance level at 115$, gives an excellent excuse for stock buying on bull market.
Trade closed: stop reached:
So, its ok -1%.
In the end, it does not matter how many times you're right, it's only important how much you lose when you're not right and how much you earn when you're right.
This is an excellent risk-to-profit ratio, 3 profitable trades gave me + 26.77% in January, and losses amounted to 3.21%. January is closed with a + 23.5%
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