ratchet-mint

DG has broken its downward trend, showing upward potential.

Long
NYSE:DG   Dollar General Corporation
DG recently broke through its downward trend and touched its support line to bounce off upwardly.

  • DG has an inverse trend to the market due to its budget focused audience. During poor economies DG should rise.
  • DG sold off quiet a bit as traders became optimistic about the markets conditions in early 2023
  • Lately new fears of recession are forming making DG a safer bet over tech sector.
  • DG currently in the low end of its cycle make it good choice for upward momentum

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