pool adsDollar Tree Stores $DLTR Trading Report
The Dollar Tree Stores (NASDAQ: DLTR) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for DLTR, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Weak | Strong |
| P1 | 0 | 0 | 105.77 |
| P2 | 105.39 | 106.66 | 113.84 |
| P3 | 109.78 | 111.08 | 121.30 |
Support and Resistance Plot Chart for DLTR
Long Term Trading Plans for DLTR
November 14, 2019, 9:15 pm ET
The Technical Summary and Trading Plans for DLTR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DLTR Report.
DLTR - (Long) Support Plan
The technical summary data tells us to buy DLTR near 105.77 with an upside target of 113.84. This data also tells us to set a stop loss @ 105.51 to protect against excessive loss in case the stock begins to move against the trade. 105.77 is the first level of support below 108.75 , and by rule, any test of support is a buy signal. In this case, support 105.77 would be being tested, so a buy signal would exist.
DLTR - (Short) Resistance Plan
The technical summary data is suggesting a short of DLTR as it gets near 113.84 with a downside target of 105.77. We should have a stop loss in place at 114.1 though. 113.84 is the first level of resistance above 108.75, and by rule, any test of resistance is a short signal. In this case, if resistance 113.84 is being tested, so a short signal would exist.
