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DLTR at 105.52
This chart is setting up for a swing long with earnings coming up on 8/26. If the stock is down big after earnings, this trade will show losses. If the stock moves towards 110 after earnings, this trade will be a profitable trade.
Chart:
This is a bullish strategy with limited risk of $340.00 and limited potential reward of $660.00.
This strategy will profit if the stock closes above $103.40 by Sep 17, 2021.
There is a 43.91% probability this will happen.
Risk Profile:
Order Ticket:
DLTR at 105.84
Risk Profile:
Order Ticket:
DLTR is going to expire as a small loser. We were able to pull almost all of the risk out before earnings but the stock just did not move in the direction we needed.
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