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Just buy TGT at 185-ish and wait till it's near or above the bullish channel of the Pitchfork. Easiest money you'll ever make. That's it. It's super easy.
After a solid ER and a nice chart. $TGT looks great to go long here. ER Recap: Target exceeded Wall Street’s expectations for the fourth quarter, thanks to a strong holiday season and stimulus checks. [*}The company has gained market share with its e-commerce offerings and wide range of merchandise, as retail competitors temporarily closed and saw sales...
3/2/21 $TGT- Target Corp - 6.771% Decliner Catalysts: 1. What I have personally noticed that after earnings beats: If earnings are not exceptional, you will often see a sell off where there is profit taking, shorts covering and shorts entering. Combined with the chopiness we saw this past week and today with SPY and QQQ, the sell off shouldn't have came as too...
Target looking to tuck into a bull pennant formation for the next several weeks. Love the P/E, management, but today's price action broke through a fairly rock solid 1 year trend line. Will enter into a position before the weekend if it behaves as I suspect. Two entry levels, if the indices rally tomorrow, it might find support on it's flag base.
great dip entry her for tgt, chart speaks for itself really :D long 189 stop loss 181 and price target 208!
$TGT breaking through my 174 entry today. If we can bounce off the 176.90 level, I expect to see more upside!
The PEAD projected a neutral outlook for $TGT after a positive over reaction following its earnings release placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Looks like Target is bouncing off the support and off of the .5 retracement.
Just pure TA strategy. GL trading!
TGT, with what looks like volatility is starting to contract. Will keep watching. Green on a very red day.
This is a Daily chart of Target, currently in a very healthy uptrend. The chart pattern i've drawn isn't exactly a cup & handle. You can argue that it's an inverted head & shoulder, although technically inverted head & shoulders pattern are usually a chart pattern to signify reversal from a downtrend. BUT I don't subscribe to the EXACT patterns, but more of the...
From a TA standpoint, this is riding an uptrend since April and looking like a possible IH&S with desc wedge heading right into 3/2 earnings. On top of a weak WMT earnings where WMT noted a loss in market share recently, look for a run up into earnings banking on market share shifting to TGT. I believe new ATHs (204) will be tested in the coming weeks with all...
Price is approaching the upper channel. If a breakout occurs it might be a good run up into earnings. If its rejected with bad market conditions, it price could retrace to one of the two supports.