Market Overview

Buy The Dippers Rule The Day In Dollar Tree, Inc.

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Dollar Tree, Inc. (NASDAQ: DLTR) shares are trading higher by $1 at $81.25 in Tuesday's session. The issue was blasted in premarket trading when the company reported a Q4 EPS miss of $0.06 with slightly lower revenues.

Following the release, the issue dipped to $74.50 before it came roaring back.

By the open, it has recovered to only a modest loss. The quick drop off the open found support ahead of the pair of lows from February 18 ($77.23) and February 19 ($77.58) and embarked on another rally.

So far, it has come within a penny of last week's high ($82.68), reaching $82.67 and has retreated to the $82 area.

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