Dollar tree american stock is in a clear monthly uptrend creating new monthly demand zones and eliminating supply zones. There is a clear bullish bias, buying this american stock is the way to go, but not yet. Looking to buy this stock around $73 per share at a super strong monthly demand imbalance.
Weekly is in a downtrend, no long are possible yet. Long term ...
Dollar Tree Inc American Stock supply and demand technical analysis. Dollar Tree stock is in a clear monthly uptrend with new demand levels being created in an clear long term uptrend.
Price has been trying to retrace to monthly demand imbalance around 72.49 for seven months, it couldn't reach it yet. On the way down the weekly chart is in a clear downtrend ...
DLTR breaking out of resistance downtrend line, with gap above left to fill. May wait to see if a pullback retest holds at new support before entering long, or minimize risk with given call options. GLTA
Dollar tree past year of revenue has a steady growth (https://www.marketwatch.com/investing/stock/dltr/financials)
The recent DIP in stock price after earnings 7th March 2018 is a discounted price
Monitoring the stock price from 7th till 21st march saw price hold around the 94 price line.
This NoobTrader decided to set a conservative entry at 93.59 for a long ...
Forward P/E 20.55
Forward P/E 21.67
A good time to catch up and overtake the industry. Break through the resistance level at 115$, gives an excellent excuse for stock buying on bull market.