Barracuda1

possible short,long over 42.25

Short
BATS:DLTR   Dollar Tree, Inc
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1
Indicators generally pointing down, but be ready for break out over 42.25 on the upside

Comments

DLTR HAS HIT ITS INITIAL TARGET AT 38 ON 12/11, IF PRICE CLOSES BELOW 37.70 LOOK FOR A CONTINUED DOWN MOVE TO SUPPORT @ 34.70 THEN POSSIBLY TO 30.50. CAUTION, A BOUNCE FROM 38 SUPPORT IS POSSIBLE... WAIT FOR CLOSING DAILY CANDLE.
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DLTR HAS MADE ITS DOWN MOVE FROM THE 40.55 CLOSE LEVEL BACK ON 12/5 BELOW THE 21. SUPPORT COMING AT 39 AND 38.
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