Dollar General Corporation (DG) inched higher in its latest intraday trading, attempting to recover part of its previous losses while also trying to ease its clear oversold conditions on the RSI, with some positive signals starting to appear. However, the stock remains pressured after breaking a short-term corrective ascending trend line earlier, and continues to trade below its 50-day SMA.

Therefore, we expect the stock to decline in its upcoming sessions, especially if it confirms breaking the key support level of 106.00, targeting the next support at 96.00.

Todays price forecast: Bearish.