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Breakout for Dollar Tree Inc (NASDAQ: DLTR)

|Includes: Dollar Tree, Inc. (DLTR)

December 2, 2011,

Shares of Dollar Tree Inc (NASDAQ: DLTR) have closed above their prior rally high and this is a new 2011 high as well as a new all-time high.

Dollar Tree had corrected down to $72.08 intra-day only two weeks ago, but has since mounted a strong rally culminating in Thursday’s breakout.

If you are looking for strong stocks to trade during this market volatility, Dollar Tree is a rising stock with higher highs in its future.

The target for this rally is at $85.32. If Dollar Tree closes above this level look for $88.92 in coming weeks.

The ( Stock Timing Strategy does have a position in Dollar Tree.