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

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

http://www.stockcall.com/analysis

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

http://www.StockCall.com/TGT031113.pdf

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

http://www.StockCall.com/COST031113.pdf

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

http://www.StockCall.com/DLTR031113.pdf

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

http://www.StockCall.com/FDO031113.pdf  

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

http://www.StockCall.com/DG031113.pdf

About StockCall.com

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SOURCE StockCall.com

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