There are only 3 stocks in the whole of the S&P 500 with an RSI lower than 20 right now.
Dollar Tree is one of them and the price is fast approaching the 0.618 Fib at $105.
In a corrective move now since the high in early 2022 and has spent a year and a half pulling back.
I have got to expect that a discount store of this size will likely do well if the market starts to decline at the end of this year.....this is going on my watchlist for that reason.
Gareth Neary
2023-09-22 15:42:31 +0000 UTCJason
2023-09-22 03:38:56 +0000 UTC