Hopeful Golden Cross Forms On Dollar Tree's Chart

Hopeful Golden Cross Forms On Dollar Tree's Chart

If history is any guide, there may be good fortune ahead for shares of Dollar Tree (NASDAQ:DLTR). A so-called “golden cross” has formed on its chart and, not surprisingly, this could be bullish for the stock.

What To Know: Many traders use moving average crossover systems to make their decisions.

When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term …

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