Trade idea for DGAnother trade idea active on DG
Entry at $107.20
Target at $112.35 and 2nd target at $127.12
Stop at 102.77
DG bullish run on for months. Tis pullback set it up for a good buy opportunity, get it at a discounted rate.
Earnings in December so little time for the run.
it has the potential to achieve 6.52R at a target 3 of $136.15 be aware of the resistance at $111 and lock in profit as you go.
DG
$DG (D) Discounts Soon Available. Near term bearish.Strong start YTD. Rolling back towards ema50 (Red MA). It may not touch, cross, or dip this attempt. But it might provide a long entry for interested parties after this near term bearish correction.
*Note: Given time and price action, ema50 always catches up to price before continuing or reversing.