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DLTR
Benzinga
144 days

Stock Of The Day: Will Dollar Tree Head North Or South?

1. DLTR's stock is down after a previous 11% gain. 2. The decline follows the announcement of selling Family Dollar. 3. Resistance levels around $76.70 have persisted since September. 4. Traders are closely monitoring potential price movements. 5. Concerns from sellers can lead to a snowball effect on prices.

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FAQ

Why Bearish?

The announcement of selling Family Dollar may weaken investor confidence. Historical patterns indicate resistance trends can lead to continuing price declines.

How important is it?

The article discusses immediate trading behavior and resistance levels impacting DLTR. Selling Family Dollar is a significant corporate decision likely affecting market sentiment.

Why Short Term?

Imminent trading reactions likely in the next few days. Past resistance behavior suggests volatility before stabilization occurs.

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