0IC8 trade ideas
$DLTR (Dollar Tree)Dollar Tree of Trendline support.
Bouncing off support with gap area to fill on the upside.
Took the 12/17 140Cs @ 3.08/contracts currently up 3-4% ROI.
Trade Action Plan:
Looking for the move to 137.85 & Above.
if this move can happen then expecting the gap fill to 140.30
Price targets above 137.50:
PT1: $138.50
Pt 2: $140.50
PT 3: $141+
DLTRDLTR - just got upgraded to $140 and it looks to be well on it's way on this upward trend it will be interesting to see what it does with all these inflation concerns if it will keep climbing or if it will get pulled back dramatically
I'd much rather be short here after this pop on thin news.. DLTR(Opinion only)
Seems to be forming a bear flag. Near-term pull-back down around the open gap area.
DollarTree ($DLTR) TIme to Make a DecisionIt looks like we are going to get a 4th test of the $120 resistance area this week going back to 2018. If this accepts over $120, look for a powerful move up towards $155. If it rejects, look for support at $106 and $97.
Breakout Trade Idea for $DLTR$DLTR is coming out of its consolidation and downtrend and is resuming uptrend slowly with good pace. It can be a good buy for medium to longer term trading or investing. Buy $DLTR between 102-4 with SL 92 and hold it for next 6 months to 1 year for good profits. Target open
Disclaimer: For Educational purpose only. All disclaimers apply.
DLTR long with volumeHas lots of room but really weak volume last week. 200 MA has also historically served as support/reistance. Long with volume and 200 MA break.
Dollar Tree, Inc. Increases Share Repurchase Authorization to $2DLTR: Dollar Tree, Inc.
2021-09-29 07:30:00
Dollar Tree, Inc. Increases Share Repurchase Authorization to $2.5 Billion
DLTR⬆ BULLISH
MktCap $24B
Price $103.51
Price target $109.98/ 122.24
Stop loss $100.23
The weekly chart is nice.
In my opinion.
Expect better from Dollar Tree $DLTRFor the last few years we have seen DLTR stuck in a range between 67-115 (smaller range from 88-115). For this stock to continue and not offer some kind of dividend (I believe we are out of the growth phase) is unheard of.
If you compare the growth in retail at the moment between say TGT and BBBY, I know it's a stretch but this pricing needs to be adjusted somehow. ATM we are neutral to negative on DLTR looking for some kind of direction out of this range. Pick a side, either you are growth or you are looking to pay a divdend, we don't believe either at the moment.
DLTR, Long A bit early here but good entry from risk stand point and I like the sign of market maker accumulation . Willing to get stopped out a few times here though too and keeping stops tight . 50sma would also be a good level to get active I think , or add.
110.32 in with stop at 98.88
Dollar Tree - Long. Found opportunityOur scanner pointed out Dollar Tree (DLTR) as a possible trading opportunity.
Here's the algo trader best strategy to trade.
DLTR Gap Fill ProjectionFirst chart I ever made so take w/ a grain of salt.
Decent gap to fill coming off previous earnings, symmetrical triangle forming consolidating nicely. Bollinger's getting tight after big expansion and RSI curling up. Personally using the 5ema (yellow) crossing the 20ema (red), strong buying volume and of course a break out of the triangle to confirm.
DLTR - Looking to longDLTR has been trending and gapped down after earnings. It's been consolidating in this range and formed a pennant. We are also forming in the daily a ttm squeeze. I wanna see DLTR get above the 6day SMA and have the emas trend bullish.
Contract Suggestion:
BTO DLTR 7/16 100C @ .96
DLTR right on support DLTR Current Price $97.51 Price Target $106
DLTR right on that $97 support level I think we bounce off support and come up to around $106. Not a long term hold just a trade based on the chart set up
LONG Idea IF Breakout Or SHORT from this Trendline | DLTR DollarLONG Idea IF Breakout Or SHORT from this Trendline | DLTR Dollar Tree
At the moment its very common case where price is just under the long-term trend line and can be a great short opportunity.
I do believe that price will Breakout with 1st target = 131-132$. But we will see =)
DLTR shakeout last week before push higher?!DLTR possible shakeout last week before push higher. I was part of that shakeout :). But still looks good with an entry over 117 now that there is a nice doji buy back candle on Friday.
This is a big macro level that was tested in Jan 2018 and October 2019. Very bullish chart!
The case for DLTRDLTR is probably the biggest champion in the pandemic. It has ultra low cost goods and a large base of stores nation wide. Q4 revenue and profit margin were huge for DLTR. Technically, the stock looks great through the small earnings flag at 109.
The descending channel paired with a bullflag after breaking out of the channel. All this stock needs to do is stay above this channel for a move higher.
