$DG with a neutral outlook following earning releaseThe PEAD projected a neutral outlook for $DG after negative under reaction following its earning release placing the stock in Drift D
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DGG trade ideas
$DG- I love this long, but is now the right time?$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along side $SPY and if we break to the downside I will be watching for a divergence from SPY to see If the pullback is real or not. If DG hovers while SPY dumps then when the market bounces it should present a nice buying opportunity. I will be signaling these in our group this week, and hopefully posting some more videos on these tickers in particular. So right now I am hoping for a gap up, over resistance and then a retest to send us on our way. ATM highs can be scary, but if the volume is higher then we could see a nice push! Thanks for listening!
Cup and handleAs a rule a C&H pattern will max out at 167% of cup depth
I do not see another pattern yet above the C&H
This one is getting closer to 167% and has passed most of the other targets
Small pull backs from time to time but always seems to recover
How high can she go?
Broke up from an A triangle at 196ish so support could be here
Possible stop below 190
NV just keeps going higher
Not a recommendation
☹ You Walk In, Only To Discover Everything Is Not 1 Dollar! (DG)🤔 Dollar General parallel impulse channel identified, We currently sit near Resistance.
I'm leaning towards a short on this one. We will show the next key levels to play on a lower timeframe to show you where we will be taking a short position. 165.38 is a key area of old Resistance that we could see be tested as new support. If this were to happen, we would be looking at roughly a 13% move.
Will share lower timeframe analysis below. 😁
Best of luck. 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER