The case for DLTR
DLTR 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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.