Indeed, that's what happened as Dollarama stock proceeded to be cut nearly in half. That was largely a fundamental call, and although the promising technicals inspired me to revisit Dollarama, it's always vital to consider the fundamentals if you are, in fact, a long-term investor and not a swing trader who's mostly reliant on the technicals. The painting that the technicals have painted is a thing of beauty, but as you may know, the technicals can breakdown, so it's prudent to have a sound fundamental thesis, so you're not left holding the bag in the event of a technical breakdown. Given there have been meaningful changes going on behind the scenes since the stock's downfall (and a reset valuation), the fundamental story has changed. However, many of the original headwinds I outlined in my initial bearish piece are still a cause for concern for the discount retailer. Rising competition in the domestic market is still a top concern for the company, as foreign competitors look to take share in a Canadian discount retail market that's mostly been dominated by Dollarama over the last decade.