TRADING TIPS

DLTR Next Targets

Hubert Senters here. Let’s take a look at Dollar Tree, DLTR. Pretty much the market just continues to go up. It never drops. So there’s nothing decent to short. No, it’s not true. You could short Dollar Tree nasty looking little stock here. Looks how gappy it looks so it did have a nice run from here to there. And then it started to trade through the cloud then below the cloud. And then you’ve got a gap consolidation and then another gap. And look what you’re getting again. You got a little bit of consolidation here, went above the cloud for a buy signal and then a gap and below the cloud. Not looking great for Dollar Tree. I think it definitely won’t stick around here and break this area and then once it does that let’s look back here a little longer and see where it’s going to go. Oh, it’s got all kinds opportunity breaks $80 and drops like a stone down to about $68.70. Have a great weekend. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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