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 trade ideas
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.
Dollar Tree heading higher!Cup & handle pattern followed by inverted head & shoulder (I understand that this is not how it is typically applied, but personal observation shows it is effective to show continuation as well) on the Weekly chart.
Looking like it should head back to $115-118 resistance area. If it breaks out of it, then it might go to $135-150 area.
Disclaimer: I'm not giving trading and/ or investment advise. Only showing my chart observations.
If you have any symbol that you'd like me to analyze, feel free to drop a comment.
Thanks!
Dollar Tree
Our Mission
Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point. We will operate profitably, empower our associates to share in its opportunities, rewards and successes; and deal with others in an honest and considerate way. The company's mission will be consistent with measured and profitable growth.
My name is Ski Mask and I've been making bad decisions all my life...
Strike Price: $106.23
Reasons:
1. “Inspiring the creativity of our customers is at the core of Dollar Tree and we are thrilled to provide an even broader assortment of art and craft supplies at tremendous values,” stated Mike Witynski, President and Chief Executive Officer. “With our $1 fixed price point and more than 7,500 convenient U.S. store locations, Crafter’s Square gives our customers unlimited solutions for the current learn-from-home and work-from-home environment. Additionally, there are terrific opportunities for DIY home projects and décor, crafts for the whole family, seasonal decorations, and handmade gifts for both friends and family.”
The expanded Crafter’s Square offering, which ranges from four to 12 additional feet in each store, includes wood crafts and picture frames, art paper, staple-backed canvases, acrylic paints and brushes, glitter, colored pencils and crayons, markers, jewels and beads, make-your-own wreath supplies, ribbons and yarn, scrapbooking stickers, seasonal items and much more, all priced at $1.
I mean it's Dollar Tree how you can hype up Dollar Tree to make it sound good lol just get the option call and call it a day lol
*Not investing advice
My name is Ski Mask and I've been making bad decisions all my life.....
Strike Price: $106.23
DLTR price targets DLTR- DLTR is at old ascending triangle support line of ~$99-i expect it to bounce, two price targets are ~104 and ~110.
Dollar Tree - Bullish TrendOn the move off of our low support line, DLTR price and daily volume have been consistently increasing. NOTE: bullish run after last reporting (11/24).
Crossing the 21 EMA, good sign for continuation to the top of our rising wedge.
MACD starting to turn, will require forward momentum.
Dollar Tree Testing SupportThe volume long term is slowing, but that is related to selloff volume.
We could see a rebound and break through the long term flag. Putting my exit at $53.50.
Dollar Tree: Buy & Hold: USAHappy Holidays
By Sun Storm Investment Research
A Profit & Solutions Strategy
