Looks like the stock has been consolidating for awhile now (9/12 - today). Once the stock goes above $48.11 (FN) / $48.21 (200MA) / $48.60 (new regression channel), the stock will move out of this consolidation & move up to the $50 level where it should encounter some resistance (FN@ $49.95, 100MA @ $50.52, plus a lot of people bought around $50 late July / mid August & they may want to get out when they BE.) The upgrade also gives me an upward bias going into earnings.
DLTR is the priciest of the group for a reason, it's the best. Bob Sasser is one smart cookie and their stores are by far the best customer experience of the dollar stores. It's had a big run over the past few years and IMO is merely taking a breather. Still has great growth and the PEG is reasonable. Selling the OTM puts on the pullback has been like shooting fish in a barrel.