Dollar Tree has had an enormous run and the 100 day EMA has been a great support for this run. This is the first time it dipped below the 100 day and it has been below for about a week now.
The dashed lines are notable price points where funny things may happen.
I would expect it to go sidewaysish (It's in Websters) to allow for the EMA's to converge.
If you are bullish then right now is a great buy, but I would wait for confirmation first.
I will keep watching and add comments as it becomes more clear on the direction it may go.
Any other thoughts are welcomed.
The dashed lines are notable price points where funny things may happen.
I would expect it to go sidewaysish (It's in Websters) to allow for the EMA's to converge.
If you are bullish then right now is a great buy, but I would wait for confirmation first.
I will keep watching and add comments as it becomes more clear on the direction it may go.
Any other thoughts are welcomed.
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.
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.