A clean Bearish Flag often precedes a big move. Validate your entry.
Bearish continuation if preceding move was down.
DG is showing interesting structural developments at $119.59. The stock is trading at $119.59, up 0.28% on the day. Algorithmically, a Bearish Flag structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $114.68, targeting $71.88 with support near $124.55 (R:R 4.34).
What is your outlook on DG?