Dollar Tree, Inc. : A new test of the support level
Entry price | Target | Stop-loss | Potential |
---|
$75.32 |
$83.3 |
$71.5 |
+10.59% |
---|
Dollar Tree, Inc. shares have been fluctuating horizontalally for several weeks. As the share price approaches the lower bounds, a buying opportunity could arise.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses● Below the resistance at 83.31 USD, the stock shows a negative configuration when looking looking at the weekly chart.
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