SamSuka
The Long Investor
The Long Investor

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$DLTR

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.

$DLTR

Comments

Yep, if you check out finviz.com, you can use the screener there for free to find this information

Gareth Neary

Hey Cap - thanks for recommending the Elliott Waves Made Simple book - I've just added to my collection. Would be great to know if there's a way in TV to get a list of stocks below a certain RSI level across the board. Or is there software you'd recommend to find this out?

Jason


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