A clean Rounding Bottom often precedes a big move. Validate your entry.
Gradual reversal from bearish to bullish.
A clear signal has emerged for Dollar General (DG) on the daily chart. Price has moved to $117.23 (1.8%) amidst recent volatility. The primary technical feature is a Rounding Bottom formation. The trend indicator is reading 4.6/100, suggesting moderate momentum. A potential breakout level is identified at $130.61, targeting $162.16 with support near $114.84 (R:R 2.0).
What is your outlook on DG?