Thank you as always for tuning in to my technical analysis of $NYSE:DG.
Please feel free to like, comment, and share! May God bless you and your family this upcoming week!
Here I decided to quietly markup up the run Dollar General went on from Feb-Apr. I used the Daily Chart & this is purely form a Swing Trading perspective.
It was indeed beautiful. I actually was releasing a webinar in March and I included an options play on Dollar General when it was at 199. I signaled 207-220 calls, with overall upside potential to 240.
Dollar...
$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along...
