DLTR trade ideas
Dollar Tree: Buy & Hold: USAHappy Holidays
By Sun Storm Investment Research
A Profit & Solutions Strategy
$DLTR Dollar UpAnother short term trend I hope to ride this week. S&P heading right direction, this should have a nice couple days.
Dollar Tree earnings tomorrow morning, 12/18 strangle ideaThis is my first time trading DLTR, but my kids and I always get a kick out of going there like once a month to get random things for a buck a piece. It looks like historically there's a high chance of a lot of movement after the earnings call. So I just executed a DLTR$100/95strangle12/18 for $6.45 ($645) per contract. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com
TradingView links:
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DLTR - November 21, 2020DLTR reports this Tuesday November 24th AMC. Expecting a strong quarter from DLTR as they continue to succeed as a bargain retailer for all things consumer necessary. Looking for a good dip on Monday to enter for an earnings play this week.
**DLTR** I feel like Charlie from Its Always SunnyBut in all seriousness this chart looks really good, and It it follows these resistances and supports it could lead up to ATH. The Pivots line up perfect with the convergence of the lines. If the EMAS cross the 200 EMA then I will enter a Long position
Everything indicates an uptrendAlthough it is true that the price comes from falling strongly, it is also true that the force that caused it to fall has already dissipated, confirmed with the second upward movement that breaks the top of the downtrend again.
$DLTR Flag PatternKeeping an eye on flag pattern developing for $DLTR. Would imagine it would get a boost if stimulus is finalized. The high of the pattern is $97.68 and this level has acted as resistance previously. Targets would be $100 then $102 area.
DLTR 2021 DLTR is not one I play but I found this interesting.
December is a bounce around and retest that resistance month for DLTR.
I went back a few years and its pretty much the same. Due to the November election I believe it will be bouncing around from end of OCT until end of December.
I will update this if a trend forms
Setup of the Day / DLTRToday we have a long setup to share. Here you will see a full explanation of how we will proceed.
Main items we can see on the chart:
a) The price is bouncing from a Daily Support zone (that allow us to look for long setups)
b) On the 30 minutes chart, we can see a Broken descending trendline
c) Currently, we have an ABC pattern (Flag structure). From a technical perspective, this type of formation is considered a bullish one
d) Based on that, we will open positions, set a stop, and take profit on the levels you can see on the chart
e) Our Break Even level is the yellow line
f) The Risk-Reward Ratio we have on this setup is 1.5
g) We will take this trade using a 1% risk of our Capital
h) Remember: Trade safe, protect your capital, and always understand what you are doing.
$DLTR - is $101 a pipe dreamI love to double, triple, quadruple dip this stock for call options.
The beauty of the market is that you never know what news will be released when.
This has been downgraded by many analysts. I think it still could pull up to $101 before 9/24
Let's watch and see
$DLTR - favorite repeatI have triple dipped this stock for call options and I am doing it again. Hoping for $101 on sept 7 but i have plenty of time to go beyond that.
Bonus, no dips from dividends.
$DLTR potential BreakOut $DLTR forming nice well defined triangle boundary above 200MA with 20MA and 10MA acting as support .
yellow lines = potential targets if $DLTR act as bullish breakout.
$DLTR Dollar Tree Earnings Trade Targets
Potential long into earnings but with the knowledge that past reports
have produced some nasty selloffs.
Stock is approaching trendline (neckline) resistance.
Targets as per horizontal levels on chart.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
DLTR EarningsI'm doing crappy on earnings predictions this quarter, but giving this a shot because it'll move big in one direction or the other. In fact I think you can play a straddle on this and make money.
In any case I went long before the pre-earnings pump.
Dollar Tree Long by early SeptemberDollar Tree stock showed great results in May with their earnings. This stock has a lot of ecommerce potential, and is not just a value store. Ecommerce has a huge potential in the days of Covid-19, and we should see a good sized bump in the price.
[Long] DLTRNice bounce off the 34 and 50 MA in this larger wedge pattern. Watch for a break to the upside in this LT bullish name that should do well as recession / stagflation crushes normal people.
