Dollar Tree, Inc.s stock price (DLTR) declined in latest intraday trading, as the stock takes profits from recent gains and attempts to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This dip brought the price down to the support of the 50-day SMA, which may help it gather positive momentum for a potential rebound. The short-term outlook remains bullish, with the stock trading alongside a rising trend line.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $101.85 holds on, targeting the first resistance level at $112.65.

Todays price forecast: Bullish