POTENTIAL LONG OPPORTUNITY ON STOCK DOLLAR TREE INC. (DLTR)
Zaktualizowano
Hey everyone hope you are having an amazing weekend so far! Hope you all also had an amazing 4th of July! Just wanted to come make a post here for a potential bounce opportunity I see on Dollar Tree! So let's dive in
OK so the first thing that caught my eye with the Dollar Tree stock...well really for any opportunity...is a STRONG LEVEL. And on Dollar Tree you can see that prices are coming into a previous strong demand zone back from 2021. Where prices went from 100 per share to 150 per share...a 50% increase. Which shows a STRONG and SIGNIFICANT demand zone..so expecting at least a similar if not a smaller reaction but giving us opportunity none the less. The amazing thing about zones is that it is not only a strong base for your trades but levels. True levels are psychological. The previous big boys that were buying back then are now aware of this price again when it comes back because they REMEMBER THE PREVIOUS deal they received. And if there is still demand for this stock (company) then we will see an increase and influx of demand and prices. THAT is the amazing part about supply and demand levels and why we see the reactions we do from them...people REMEMBER the prices and deals they received before especially if it's something they wanted and want. Think about when we as people go to a store...we see something we want and desire whether its food, clothing, vehicles etc. Anything that fluctuates in price. We ALWAYS wait for the best deals on the things we want. Why do we expect the markets to be any different? They AREN'T! THAT is the amazing part.
OK so that was a little rant but I wanted to just really hit on that with you guys because once I understood this the reality is that we just need some context, confluence, and good risk management to create a highly likely opportunity for us! It's amazing
ALRIGHT guys I think I went in enough! Keep an eye on this stock for some bounces from the marked demand zone. Thank you guys for tuning in...please follow my page and boost this post for more highly accurate analysis! Cheers!
OK so the first thing that caught my eye with the Dollar Tree stock...well really for any opportunity...is a STRONG LEVEL. And on Dollar Tree you can see that prices are coming into a previous strong demand zone back from 2021. Where prices went from 100 per share to 150 per share...a 50% increase. Which shows a STRONG and SIGNIFICANT demand zone..so expecting at least a similar if not a smaller reaction but giving us opportunity none the less. The amazing thing about zones is that it is not only a strong base for your trades but levels. True levels are psychological. The previous big boys that were buying back then are now aware of this price again when it comes back because they REMEMBER THE PREVIOUS deal they received. And if there is still demand for this stock (company) then we will see an increase and influx of demand and prices. THAT is the amazing part about supply and demand levels and why we see the reactions we do from them...people REMEMBER the prices and deals they received before especially if it's something they wanted and want. Think about when we as people go to a store...we see something we want and desire whether its food, clothing, vehicles etc. Anything that fluctuates in price. We ALWAYS wait for the best deals on the things we want. Why do we expect the markets to be any different? They AREN'T! THAT is the amazing part.
OK so that was a little rant but I wanted to just really hit on that with you guys because once I understood this the reality is that we just need some context, confluence, and good risk management to create a highly likely opportunity for us! It's amazing
ALRIGHT guys I think I went in enough! Keep an eye on this stock for some bounces from the marked demand zone. Thank you guys for tuning in...please follow my page and boost this post for more highly accurate analysis! Cheers!
Uwaga
Price sitting right around demand currently!Zlecenie aktywne
Dollar Tree up 8% from entry zone! Cheers!
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