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SmarTrend Watching for Potential Pullback in Shares of Dollar General C After 2.70% Gain

By David Diaz

Dollar General C (NYSE:DG) traded in a range yesterday that spanned from a low of $99.60 to a high of $101.20. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $97.89 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Dollar General C share prices have moved between a 52-week high of $105.82 and a 52-week low of $65.97 and are now trading 51% above that low price at $99.76 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

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.

Keywords: rebounders dollar general c

Ticker(s): DG