Dollar Tree's most recent trend suggests a bullish bias. One trading opportunity on Dollar Tree is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 9.89% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $85.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dollar Tree is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Dollar Tree is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Dollar Tree
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Tue, 07 Jun 2016 17:45:00 GMT
Why Dollar Tree Inc. Jumped 12% in May
Mon, 06 Jun 2016 12:45:00 GMT
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Sat, 04 Jun 2016 13:00:00 GMT
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Fri, 03 Jun 2016 22:25:00 GMT
Let the stocks show you how the market has changed in two weeks
Fri, 03 Jun 2016 14:53:49 GMT
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