DLTR reverses up on pre-earnings move LONG

2023년 8월 21일

DLTR has earnings in 3-4 trading days. On the 30 minute chart it has been sideways

and maybe a little down for this past week which is par for the course given the

general market. In the last trading day, price bounced up from the lower of

the two Bollinger band set at 2.618 standard deviations below the mean basis

band. The ZL MACD lines are upgoing and crossed over the zero-line. The

ADX lines both negative direction and positive direction are flat and ad the zero

level. The BB Oscillator demonstrates the bounce at the Friday morning open.

I will take a long trade in DLTR in the next three days anticipating that trader

interest and a little greed will push the price higher. I may take a call option as

well. If you want to know which call I may have an interest in taking, please leave

a comment.