very intressting one, ER could pump the price nice up, not that much resistance on the way up. or it could bring us back to one of the trendlines, and probably rebounce to go higher, maybe a little rising wedge incoming?
On DLTR stores clear rising wedge in a downtrend,
like mentioned before a breakout can occur upwards or downwards, but in a bearish trend I am looking for more confluence indicators to confirm the trade.
On a large timeframe I will wait until the candle closes below structure to under. Looking for market to rally into the $90-$95 range before a potential...
DLTR breaking out of resistance downtrend line, with gap above left to fill. May wait to see if a pullback retest holds at new support before entering long, or minimize risk with given call options. GLTA
Dollar tree past year of revenue has a steady growth (https://www.marketwatch.com/investing/stock/dltr/financials)
The recent DIP in stock price after earnings 7th March 2018 is a discounted price
Monitoring the stock price from 7th till 21st march saw price hold around the 94 price line.
This NoobTrader decided to set a conservative entry at 93.59 for a long position