MichaelMF

Dollar Tree- Could it pop?

Long
NASDAQ:DLTR   Dollar Tree, Inc.
Very Oversold after earnings. $10+ gap to fill. Around $89.68ish could complete a double bottom. Watching this. Could lead to possible gap fill giving us a possible $20 move to fill in entirety. Personally have an alert set at 90.50 to keep me in here.

Short term: Possibly a little further down next few days.

Medium term: Going for gap fill. Gap support ~$6 move. Top of wick ~$10. Gap fill ~$20.

Purely speculation, Not advice. 1 hr tf and lower MACD looking to go up 4 hr and daily MACD red. All oversold on RSI.
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