Recommendation : Buy Above $71.00
Target : $73.50
STOCK SUMMARY:-Dollar Tree Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock below the level of 71.00 which is a near term resistance level for the stock and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $73.50.
CHART FORMATIONStock is in bullish trend for near term and price is sustaining above the trend line after breakout on daily chart. Near term breach of resistance level of $71 is expected which would trigger further bullish sentiment in the stock to test the levels of $47.50.
RSI is trading with positive bias and is sustaining above the level of 30.
In MACD signal line is sustaining above MACD line which is indicating bearish sentiment in the stock.