$DG has been running hot into earnings which is due on Thursday before the market opens....reports have come out this week that they expect to beat, as there has been considerable increase in traffic to these stores leading up to Xmas.
We do not want it to run too quickly into earnings, so not to create a buy the rumour, sell the news event, so 1% gain days is perfectly fine with me right now.
Very cleanly bullish structure here with still more to run.
I want to see consistency up to the 1.618 Fib at Wave 3 at $185.