Dollar General: Expected To Rise Towards Its Resistance Level At Around $225

Today’s instrument is the Dollar General traded in the NYSE exchange under the ticker DG. 

If we look at the DG’s chart, we can see it has been in an upward trend, currently traded at around $209.25. Today it is announcing its quarterly earnings and if the market’s anticipation is positive then it should rise towards its resistance level at around $225 otherwise it could fall towards its support level at around $200.

(Click on image to enlarge)