$DG is slowly recovering after its post earnings drop and has found support on the 0.5 Fib now at $148.
Price action also found support on the 20 Day MA too, I would like to see more support before confirming that it is moving back up to our Wave 3 target.
There has been no break down of the structure and the price is respecting the standard Fib levels for support.
Wave 3 target remains at $185.
Suhas Chatekar
2024-03-18 17:50:17 +0000 UTC