MONTHLY DATA: HISTOGRAM WAVE (top indicator) Down shift (3rd one since inception) finally re-appeared after waiting eons. Buyers are now positioning at the current discounted price range. Last time a wave down shift appeared was 6 years ago on June 2017! This is a huge hint already to SEED on this stock. Price perfectly bounce on a 1.0 FIB LEVEL touch on...
DG Replay of DG's Price Movement & Volume -13 October 2023 Dollar General (DG) gapped up and was up 9.16% on the day. DG's volume was nearly 3 x's the amount it was over the last 2.5 weeks. Daily Levels & Fibonacci Levels *The .38 retracement level on the daily is in confluence with the 116 daily level on the chart. The .50 fibonacci retracement level...
This could be close to its "a bottom". If we have year-end rally, this could hit 140s and then die again. SL 95.
Investing or opening long positions when the TVC:VIX jumps can be a profitable strategy if done correctly, as it often signifies elevated market fear and potential undervaluation of assets. But first, let's figure out what TVC:VIX is! The Volatility Index, or TVC:VIX , is a real-time market index representing the market’s expectation of volatility over...
📈 Market Update: Opportunity Alert! 🚀 Hey everyone! After thorough analysis, I've observed that many stocks are now heavily oversold. Using a strategy I've developed over the years, there's a significant indication that the probability of profit is high for those considering a long position on NASDAQ:WBA NASDAQ:DLTR NYSE:DG NYSE:M NASDAQ:ULCC ...
Hi, A leading American discount retailer, Dollar General operates over 19,000 stores in 47 states, selling branded and private-label products across a wide variety of categories. In fiscal 2022, 80% of net sales came from consumables (including paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items), 11% from seasonal...
There's nothing stopping this name right now. Looks pretty tragic for the bulls. BUT, this stock will eventually rebound. Consider more accumulation strategies on this stock at some point. Slowly, trepidatiously, and over time. buy low, sell high.
DLTR dropped on a mild earnings beat. It is now below a volume shelf at 128. Indicators including the MACD suggest a reversal as bullish divergence is showing. The mass index supports a reversal. On the dual time frame RSI, the low TF green line is above the higher TF black line which is weaker. Overall, DLTR could retrace to 133 based on the Fib retracement...
Dollar General - 30d expiry - We look to Buy a break of 173.33 (stop at 167.33) We are trading at oversold extremes. In our opinion this stock is undervalued. We have a Gap open at 01/06/2023 from 201 to 179. The bias is to break to the upside. 173.09 has been pivotal. A break of the recent high at 173.09 should result in a further move higher. Our profit...
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of the distribution ranges. We can see a complex distribution range existing of 2 different types of distribution patterns at the top. The yellow range is based on Wyckoff's distribution schematic 1 and the white range is showing a type 2 distribution...
DG had a swing low in mid-March. While it has retraced well, it is still 15% below the YTD high On the 2H chart, the retracement uptrend is accompanied by a persistent volume of about 2X that of March and before. I am supposing that with an early or light recession underway, value sensitive consumers are delivering DG more revenue from its retail operations...
Dollar General - 30d expiry - We look to Buy a break of 222.52 (stop at 216.52) The primary trend remains bullish. This stock has seen good sales growth. Short term momentum is bullish. A break of the recent high at 222.21 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 237.52 and 240.52 Resistance:...
Dollar General - 30d expiry - We look to Sell a break of 212.47 (stop at 220.62) Daily signals are bearish. The sequence for trading is lower lows and highs. A clear break of 215 and we would look for further losses to 200. Our outlook is bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 193.53 and...
Look for #crypto that have run, sold off & basing Possible #Cryptos $MKR $ETC $PYR $ENJ Slow movers $FARM $LINK Hasn't moved $DG
$DG showing a lot of accumulation & has had spikes but likely moving soon Breaks 26, 36 likely next #p2e #nft #metaverse #crypto
Dollar General Short Term - We look to Sell a break of 242.72 (stop at 250.70) Following yesterday's bullish candle, the overall trend higher looks set to reverse today. Trading within the Channel formation. The bias is to break to the downside. A break of support at 244.00 should lead to a more aggressive move lower towards 220.00. Our profit targets will...
Dollar General is a huge discount retailer that plans to get even bigger. After a nasty island reversal in May, NYSE:DG has recover very well. This tight action in price has caught my eye and today is making an inside bar with pivot buy at $256.10. You can even say that is forming a cup & handle. The bad thing is that it publishes earnings next week so,...
Dolar Tree is in a confirmed uptrend and after a retest on support at $125, the price has formed a cup & handle with less of 30% throwback, this correction came after bad news on NYSE:WMT . That's why stocks like NASDAQ:DLTR and NYSE:DG came right back up. This shows strength and leadership in its industry. Inside the handle it has formed a shark pattern...