DayTraderEarl

A SILENT BUILD WITH TRADE MANAGEMENT USING #DG

NYSE:DG   Dollar General Corporation
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 General over the next month or so, made a new ATH of 262!

A 32% increase in share price form the time I mentioned the trade.

If held, a lot of traders would have made well over 5 figures with this one swing trade alone.

#DG was in a downtrend from Jan-Feb before buyers stepped up. This video simply shows how to spot the trend reversal and use the prior "Bull Traps" and "Parabolic/Climatic" selloffs as your price targets on the way back up.

Trends whether up or down will ALWAYS show its hand before reversing. Your job as a trader is to spot that "tell tell sign".

If anyone needs help tweaking their trading systems, feel free to reach out. I have "Flash Courses" and I also offer strategy sessions.


Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.