Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
Traders are watching Dollar Tree (DLTR) as price action tightens. Price has moved to $128.95 (1.73%) amidst recent volatility. The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $133.26, targeting $161.3 with support near $116.81 (R:R 1.7).
What is your outlook on DLTR?