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Dollar General C Rises 1.92% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Dollar General C (NYSE:DG) traded in a range yesterday that spanned from a low of $161.10 to a high of $164.29. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $161.66 on volume of 521,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Dollar General C and will alert subscribers who have DG in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Dollar General C has traded in a range of $98.08 to $164.29 and is now at $163.61, 67% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.3%.

Keywords: rebounders dollar general c

Ticker(s): DG