Seeking Alpha

TimerFrank's  Instablog

TimerFrank
38 Followers
4 Following
Send Message
Frank started market timing in 1982 when the Federal Reserve cut interest rates and sparked the 1980’s bull rally. Realizing that this rally could have been forecasted, he began to search for indicators which had similar forecasting ability. Within a year, his first newsletter was launched,... More
My blog:
Market Timing Pro
  • New Highs for Dollar Tree Inc (NASDAQ: DLTR) 0 comments
    Dec 27, 2011 2:10 PM | about stocks: DLTR

    December 28, 2011,

    Shares of Dollar Tree Inc (NASDAQ: DLTR) have broken above resistance at $83.50 a share. This level has stopped DLTR’s advance since early December, but not anymore.

    DLTR should be expected to reach $85.32 in coming days, and potentially $88.92 before resistance is met.

    If you are looking for strong stocks to trade during this market volatility, which may not yet be over, DLTR is a rising stock with higher highs in its future.

    A long position using a tight sell stop at just below $82.50 offers a very low risk trade.

    The Fibtimer.com (http://www.fibtimer.com) Stock Timing Strategy does have a position in Dollar Tree.
     

    Themes: New Highs, Dollar Tree, Dollar Tree Inc, DLTR, fibtimer.com Stocks: DLTR
Back To TimerFrank's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

Latest Comments


Most Commented
Posts by Themes
P 500 Index, 20 Yr Treas, 200 Day, 200-day, 80/20 Rule, AAPL, ABC, active trader, After Hours, against the herd, aggressive timing, aggressive timing strategies, All-Time Highs, Amerisource Bergen, AmerisourceBergen, AmerisourceBergen Corp, AmerisourceBergen Inc, analysis paralysis, Apple, apple, apple computer, Apple Computer, Apple Inc, Apple iPad, apple iPad, April Highs, avoiding volatility, BBH, bear market, bear markets, Bearish Pattern, Bearish reversal, bearish trades, beating the markets, behavioral economics, Big Rally, biotech, Biotech, biotech etf, biotech ETF, Biotech HOLDRS, Birinyi Associates, Blue Chip, bond etf, bonds, Breakout, breakout, Breaks Out, Breaks Support, bull market,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.