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pejman_zwin
Aug 24, 2022 4:34 AM

Dollar 🌲Tree🌲 Analyze!!! Short

Dollar Tree, Inc.NASDAQ

Description

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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 trend line, and it lost the lower line of the triangle. I expect Dollar Tree to lose at least 10% of its value.

Dollar Tree Analyze (DLTRUSD), Timeframe 1H (Log Scale /Heikin Ashi)⏰.

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

Please do not forget the βœ…' like'βœ… button πŸ™πŸ˜Š & Share it with your friends; thanks, and Trade safe.

Trade closed: target reached

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Comments
TheNewsCrypto
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Good Study
pejman_zwin
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@TheNewsCrypto, Thanks for the comment
ShortSeller76
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Nice chart and call, where is support now? lol Way oversold here looking for a bouncey bounce to $150
pejman_zwin
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@ShortSeller76, I will try to update it; thanks for the comment; the market will go down more.
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