Dollar General Corp (DG) – 06-19-2012

June 19, 2012 at 10:57 pm · Filed Under Bullish, Growth 

DG Daily Chart

Discount retailers are all hot with the struggling consumer sentiment.  A favorite IBD play is to buy a stock on a pullback to the 50 day SMA when you miss the initial breakout or just want to pyramid up.  Since I’m expecting a downturn soon, that could make DG, DLTR, etc. interesting in the near future.  I favor DG since the volume is nicer and still increasing.

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