Technical Briefing on Target, Costco Wholesale, Dollar Tree, Family Dollar Stores, and Dollar General

Mon Mar 11, 2013 8:00am EDT

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LONDON,  March 11, 2013  /PRNewswire/ --

Markets ended the week last Friday with a positive note as unemployment rate
hits 4-year low. Service companies also fared well as the general economy
improved, leading to increase in disposable income. The Dow Jones ended its
latest session at 14,397.07, up 0.47 percent while NASDAQ was up 0.38 percent to
close at 3,244.37. Similarly, the S&P closed on a bullish note at 1,551.18, up
0.45 percent. Our research team took a look at Services sector, more precisely
the Discount, Variety Stores industry which includes major companies like Target
Corporation (NYSE: TGT), Costco Wholesale Corporation (NASDAQ: COST), Dollar
Tree Inc. (NASDAQ: DLTR), Family Dollar Stores Inc. (NYSE: FDO) and Dollar
General Corp. (NYSE: DG). StockCall has posted free technical research reports
on TGT, COST, DLTR, FDO, and DG and these can be accessed by signing up at

Target Corp.'s shares increased for its latest trading session, ending the day
0.76 percent up at  $66.35. The stock fell to an intra-day low of  $65.71, while
its intra-day high stood at  $66.47. Despite the upward move, the company has
gained more than 10 percent this year, compared to a gain of 8.76 percent for
the S&P 500. Shares of TGT have strong support at around  $65.55, as the stock
shows a bullish trend. The stock is trading higher than its 20-day and 50-day
moving averages. Download the free report on TGT upon registration at

Costco Wholesale Corp. traded in the range of  $101.86  and  $103.26  in its
latest trading session and ended the day at  $103.04, up 1.05 percent. The
stock's 52 weeks range stands at  $81.98  and  $105.97. The discount, variety
store has gained 15.33 percent of its value in the past 12 months, while it grew
4.37 percent so far this year. Costco Wholesale is in a bullish mode and may
find its first support level at  $102.62. It is trading above its 20-day moving
average of  $101.72  and 50-day moving average price of  $101.53. COST technical
report can be accessed for free by signing up at

Shares of Dollar Tree Inc. ended Friday's trading session marginally down at 
$45.03, down 0.16 percent. The stock is down more than 2 percent this year,
underperforming the broad market. The stock has slipped from  $45.50  resistance
level. It has support at around  $44.03  at the moment. Despite its downward
move, the company is still trading above its 20-day moving average of  $42.69.
Free report on DLTR can be accessed by registering at

Family Dollar Stores Inc.'s stock is in a bullish mode and is trading above its
20-day SMA of  $58.73. It ended Friday's trading session 0.74 percent higher at 
$58.78, and the stock oscillated in the range of  $58.17  and  $59.11  during
the session. The stock trades at Price/Earnings ratio of 16.37. The company is
expected to face its first resistance level at  $63.05. Register with StockCall
and download the research on FDO for free at   

Dollar General Corp.'s stock closed at  $47.79, 0.70 percent higher. The stock
traded in the range of  $47.39  and  $47.97  during the session and is currently
above it 20-day moving average price of  $47.78. The discount stores company
gained 8.39 percent so far this year. Its Price/Earnings ratio is 17.44. Dollar
General's stock is in a bullish phase and its first resistance level is at 
$48.58. On the downside, its first support is at  $46.84. Upon breaching this
level, its second support level is at 45.75. Read the full free research on DG
by signing up to StockCall at

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