A clean Diamond often precedes a big move. Validate your entry.
Indecision. Widening then narrowing range.
Gradual reversal from bearish to bullish.
Market participants tracking Dollar General should note the latest formation. The stock is trading at $113.45, up 4.38% on the day. Algorithmically, a Diamond structure has completed. Volume is average (0.93x avg) with moderate trend strength (8.8). A potential breakout level is identified at $119.2, targeting $138.83 with support near $109.38 (R:R 2.0).
What is your outlook on DG?