Dollar Tree Inc

DLTR’s decisive break below the multi-touch support zone near $124, reinforced by an active Bearish Pivot Point and failure at the 9/20 EMAs, establishes a bearish medium-term posture. Short-term conditions are unfavorable for longs, with price trending below declining EMAs and strong follow-through. Extreme oversold readings near the rising 200-day SMA raise relief-bounce risk but do not offset the downward bias—you should sell into rallies at broken EMA resistance.

• ↑Net sales rose 7% to $4.9 B in Q2; comps up 3.7%.
• ↑Multi-price assortment now 16% of total sales, broadening customer appeal.
• ↓Store traffic declined 1% even after adding 3 M households.