$DG
Added 2023-11-06 20:14:55 +0000 UTCDollar General, a recession friendly stock to own, has held support on the yellow trend line that has been in place since 2009....after the great financial crash.
It was also the 0.78 Fib at $107, we said in our last update that this is the area we are watching for support and a stock we will consider adding to prepare us for the market declining in a few months time.
I continue to watch this and have not added as I want to focus on adding on the pull backs to my existing stocks at the moment but I will like this as a hedge when the market does decide to start its correction when Wave 5 is complete.
Comments
Personally, I wish I would have bought when I saw it near $100, but I am scaling in anyway. I will be shocked if this stock doesn’t return at lest 20% over the next two years. I actually believe it will eventually get back over $200/share.
iTurp
2023-11-13 04:47:41 +0000 UTC
