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:...
Good Morning! In my opinion, Dollar General ( DG ) will have a nice move up if it can complete the bullish cross on the MACD. There is very strong bullish divergence happening on the 4 hour timeframe. There is also some bullish divergence happening on the daily. If we can hold above -4.45 on the daily MACD this could be a great swing opportunity as well.
What are...
🤔 Dollar General parallel impulse channel identified, We currently sit near Resistance.
I'm leaning towards a short on this one. We will show the next key levels to play on a lower timeframe to show you where we will be taking a short position. 165.38 is a key area of old Resistance that we could see be tested as new support. If this were to happen, we would be...
