Dollar General

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Discount retailer Dollar General ( DG) offers a selection of merchandise, including consumables, seasonal, home products and apparel. This stock is trading up 2.3% at $40.39 in recent trading

Today's Volume: 2.8 million shares

Average Volume: 2.4 million shares

Volume % Change: 294%

From a technical standpoint, DG has started to bounce hard today right off its 50-day moving average of $39.23 on strong volume. Any time a stock bounces big off its 50-day with volume it should be considered bullish. Market players should how watch this stock for a breakout trade if it can manage to clear some overhead resistance levels.

Traders should look for a sustained high-volume move and close above $41.25. If that breakout hits, then DG will be trading in all-time high territory, which is very bullish for any stock.

Dollar General, which shows up on a list of 6 Holiday Retail Stocks to Watch, is one of Warren Buffett's holdings -- Berkshire Hathaway increased its position in the stock by 200% in the most recently reported quarter -- and also shows up in Steven Cohen's SAC Capital's portfolio.

If you liked this article you might like

Trade-Ideas: Auxilium Pharmaceuticals (AUXL) Is Today's Strong On High Relative Volume Stock

Health Care Stocks: A Year in Review and Predictions for 2015

How Will Endo International (ENDP) Stock Be Affected Today by This Analyst Action?

Stock Market Today: S&P Suffers Worst Day in Six Months as Bears Invade

Stock Market Today: Dow Unloads 300 Points in Broad-Based Selloff