Dollar General Corporations stock (DG) returned lower in the intraday levels, after the resistance of $139.80, amid the dominance of the downward correctional trend, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA, after managing to vent off oversold saturation in the RSI.
Therefore we expect more losses for the stock, targeting the support of $128.75, provided it settles below $139.80.
Trend forecast: Bearish