October 6, 2011,
Shares of Dollar Tree Inc (NASDAQ: DLTR) have not participated in the two month selloff in the U.S. stock market.
DLTR instead rallied to new closing highs on September 26 at $77.48 and during the general market decline, which has in some cases reached bear market territory, DLTR has risen some 20%.
If you are looking for strong stocks to trade during this market weakness, 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 Tuesday’s October 4 lows of $72.30, offers a very low risk trade.
The Fibtimer.com (http://www.fibtimer.com) Stock Timing Strategy does have a position in Dollar Tree.