$DG
Added 2024-05-31 11:13:04 +0000 UTCA lot of downgrades this morning for $DG after their earnings report yesterday in spite of a double beat, it has not reacted well to this earnings and has lost its 50 and 200 Day MA but is sitting on its 0.618 Fib right now.
Holding this level will be important, this is also surprisingly its Covid Low level too, on our red line.
Holding on the 0.618 Fib would mean this could be a Wave 2 pull back but losing this level and a retest of the yellow historical line at $113 is possible next.
