Dollar General price leans on SMA support - Forecast today - 15-04-2024

Dollar General’s stock price (DG) fell in the intraday levels while trying to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI after reaching oversold levels, thus leaning on the support of the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $168.00, provided the support of $139.12 holds on.

Trend forecast: Likely Bullish