DLTR , Dollar Tree, wrong so far, but there is always tomorrow


Wrong on DLTR so far by a few dollars. The error was in the count. This has an extended 3d wave which often means that the first and fifth was will turn out to be almost equal (see  blue arrows). Should that be the case the stock is definitely a short at about $50 if not earlier.

The RSI and perhaps also the MACD are not confirming the new highs.