This morning, leading discount retailer Dollar Tree Inc (NASDAQ:DLTR) is declining lower by 0.56 cents to $56.20 a share. The stocks seems to be coming under pressure with the over sector. Day traders should watch for intra-day support around the $55.78 level. This is an area on the chart that was defended on September 17th, 2014. Often, prior support levels will once again serve as solid intra-day chart support again when initially retested.
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Nick SantiagoChief Market Strategist
www.InTheMoneyStocks.com
