$DLTR - SAFE HAVEN -
Added 2023-12-15 17:54:41 +0000 UTCDollar Tree is another safe haven like Dollar General that will likely perform very well during a market correction.
The price has jumped from $103 to $133 since we started charting this but what we will be looking for is an entry point for the end of Wave 2.
The price has bounced on the 0.618 Fib which is an impulse fib level and burst straight through the The Covid Low support line and is about to test the 200 Day MA now.
This would be the perfect place for Wave 1 to finish and pull back for Wave 2....if this can happen, the Fib levels in white is where we will be watching for next for Wave 2 to complete.
When we get a pull back, we can add the wave count....this looks to be aligning with the market correcting in March for Wave 2 to complete.
