adamkhoosk

(US) DLTR Weekly Breakout Huge Base

Long
NASDAQ:DLTR   Dollar Tree, Inc.
DLTR experience breakout it huge base (1386 days) on mid Nov with solid volume.

Price experience minor pull back for 1 month and attempt to break new high ground again.

Daily chart shown to have short base VCP setup. It also shown the resistance to drop while overall market experience major drawdown.

Let's see how it act.

Disclaimer:
Not buy call recommendation, just my sharing on technical analysis based on chart pattern development. Trade at your own risk.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.