Dollar Tree, Inc. (DLTR) stock inched higher in its latest intraday trading, ending a volatile session as early negative signals emerged on the relative strength indicators after reaching overbought levels. However, the stock continues to receive positive support from trading above its 50-day simple moving average, while remaining under the influence of the main short-term uptrend and moving along a rising trendline that reinforces this trajectory.

Therefore, we expect the stock to rise in upcoming trading sessions as long as it holds above the 94.20$ support level, targeting the first resistance area at 108.05$.

Todays stock forecast: Bullish.