The stock DLTR on our watchlist crossed a low risk enty point and generated a buy signal, we have added the stock to the JS-TechTrading portfolio. SL is less than 5.74% (SL at 161.9), profit target is > 12%.
DLTR has a high relative strentgh (IBD style) and broke out of a volatility contraction pattern earlier today under high volume . Until now, the price / volume action is great.
We have recommended to open an DLTR position to our clients in real-time earlier today.