Dollar General Corporation Stock Code DG.NYS
Price broke above the cloud two trading sessions ago and in the previous trading session; we saw a continuation of the rally, in the form of a strong white candlestick, confirming the new bullish price trend. In the previous trading session, price also broke above a V-shaped Ichimoku structure. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. If price is able to stay above cloud, it could be heading towards the Ichimoku V-shaped price projection target at $259.60.
$259.60 Price Target
$211.90 Risk Management Stop
3 weeks Trade Duration