Family Dollar (FDO) ($58.58 vs. $66.48 on Dec. 13) set an all-time high at $74.73 on June 14, 2012. The weekly chart shifts to positive on a close this week above the five-week MMA at $58.49. My annual value level is $49.09 with a weekly pivot at $48.94 and monthly risky level at $59.83.Ross Stores (ROST - Get Report) ($55.90 vs. $54.41 on Dec. 13) set an all-time high at $70.82 on Aug. 20, 2012 and strength to $62.07 Feb. 7 was just below the 200-day SMA. The weekly chart is negative with the five-week MMA at $57.63. My annual value level is $51.51 with an annual pivot at $54.55 and monthly, weekly and quarterly risky levels at $59.32, $60.85 and $63.59.
Discount Retailers Continue to Lag Despite Recovery
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