Long DG
I played a put position overnight due to bad market condition knowledge from Dollar tree earning last week.
However, i liked that DG earning call mention share buy back and increased dividend
This will probably make dg a buying opp today.
Looking to catch the bounce at $110.80 with a stop loss at $109 and take profit at 116ish.
However, i liked that DG earning call mention share buy back and increased dividend
This will probably make dg a buying opp today.
Looking to catch the bounce at $110.80 with a stop loss at $109 and take profit at 116ish.
Note
Got stopped out.Adding another position at $108 with a tight stop at $107.
Note
Closed position at $116 today. Amazing run from DG.Will probably use $200 from my profit to start a put position at $117.85 if opportunity presents itself.
Trade closed: target reached
Was able to get fill on $117.86 during premarket.Closed at $116.86 for a $100 gain.
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If you appreciate my technical analysis and want to check out our
Free Newsletter --> diywallst.com/
Free Newsletter --> diywallst.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.