TGTI will be keeping an eye on TGT to break these support and resistance zones. I like them considering it is the holiday season
TGTD trade ideas
TGT forms Bearish DivergenceOver the past few of weeks TGT has been on a strong uptrend but has slowed on its momentum since being removed from GS buy list. TGT has not been able to pass the $260 resistance level and it has created a bearish divergence, at the top of a strong uptrend. Expecting an early rejection off the $260 resistance level and the start of the bearish trend.
Entry: $254 (with a bounce off $251 and price rejection at resistance)
Price Target: $225
Stop Loss: $256.69
Will use the trend lines in between to take profits
Should market strategies be kept secret?If you found a way to beat the market, such as every wednesday buying into TGT at 10am and selling at 2pm would make you profit every single time, would you share that information with others? Once other people start doing it, wouldn't it change the outcome? Or are some strategies able to withstand such a huge influx? I'm curious!
TGT- Falling wedge Break out- Entering the supply ZoneTGT- Break out falling wedge
Entering the supply Zone ,watch for break out.
It will touch all time high once cross the supply zone.
$TGT Target $250 Price target
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TGT Having a Sale?TGT pretty low risk entry here. Target went vertical in June on an earnings run up (those were the good days) before a much needed correction. It's landed in the Golden Pocket but there may be one more push to the downside. I’ll enter here with the anticipation of adding a second entry near the .707. Trade would be invalidated not one penny below a daily close of $238.
$TGT: A Bullish Wave Near The CornerTGT completed a descending triangle.
The bullish volume has increased since last night.
Expected targets: $251.20 and $255
Thank you and Good Luck!
TGT looks strong for the next month or soTGT has been in a strong uptrend for months now, it seemed as though it was making a reversal but last week the downtrend momentum began to slow
- The strong uptrend of TGT is filled with bull flags, and it seems to be going through another
- Support channel for TGT was $241.23 - $237.67
- TGT made a strong drop to support line at $241.59 and began to go up from there
- $241.59 is about 50 percent of the previous uptrend, which is a good indicator of a bull flag
- TGT seems to be giving a bullish doji star at the end of a downtrend (wait til end of day for conformation)
- MACD is also showing a slow in downward momentum and MACD line is about to trend up and going to cross signal line
- Using Fibonacci extensions and retracements, TGT resistance looks to be between $274.31 - $277.83
TGT usually makes its longer move over a month. $245 looks to be great entry point, but $250.65 seems to be the absolute conformation needed for the long haul.
TGT showing weakness after months of rallyingBeen trading below the 9EMA
RSI in downtrend (under 50)
Shooting Star daily candle yesterday, today's candle will confirm or deny.
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WAVE 4 could be ending NOW We are now seeing a setup for the next up wave in retail if we break above 251 would be a buyer of calls looking for a target 272
TGT trend is your friend TGT stay long alsong this ascending channel until it breaks trend. Grandpa style
$TGT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TGT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
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Target: From a loser to a big winnerNYSE:TGT
Target went against the consensus and proved it worthwhile to invest in physical stores
Four years after disappointing investors with its decision to prioritize traditional branches, the retail giant is enjoying a steady rise in revenue, which soared during the pandemic.
At the heart of the strategy: listening to customers and better training employees.
When Target announced its strategy in 2017 to give priority to physical stores to fight Amazon, investors did not try to hide their disappointment.
Apparently, on the day that $7 billion was allocated to promote this strategy, the American retail company’s share fell by 12%.
Four years later, few on Wall Street doubt the justification for investing.
While consumers have abandoned malls and department stores since the plague broke out, they have flocked to Target’s huge, bright, and organized stores.
Last year, revenues jumped 20 percent to $93.6 billion, led by the movement of shoppers in physical stores as well as online commerce.
The company’s stock has soared 170% since Corona’s restrictions began in March 2020, and last week its market capitalization climbed to $130 billion.
Target, which opened its first branch in 1962 in Minnesota, did not always enjoy the sympathy of the public.
In 2013, it went through a difficult period, when the customers’ personal details were revealed in a cyberattack, and at the same time, it began a failed expansion operation in Canada. A year later, Brian Cornell, former CEO of Walmart’s Sam’s Club, was named CEO, with the goal of leading the change.
Target Stock Price: 300% within 2 and a half years.
🚀 Target with next Leg up ? 🚀 NYSE:TGT
Today I want to talk a little bit about Target. As one can see this stock is in a strong upward moving trend. Since the last 52 weeks high which is around 267,23 the stock corrected by 5% and created a base between 267,23 and 253,98.
Trading Idea:
Long above 264,20 with as Stop Loss below 252,42
Important:
- Pay attention to the earnings and dividends date which are on 17th and 18th of August
Gaming Plan Best Case:
If TGT breaks out above 264,20 one can place first profit target order at 287,76 and self half there. If the first profit target order is hit, one can move the stop to breakeven. My second profit target would be around 300. Of course one can only use one profit target to sell half and use the other half to play for a bigger move.
Gaming Plan Worst Case:
If the stock squats i would prefer to sell half of the position around 258,60 and the second half at 252,42
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P.S: For educational purposes only, not trading advice
TGT ... Earnings Priced in1.Rising wedge
2. Macd death cross
3. MFI shows the institutions are dumping
Minimum pull back to wedge support at 254 is expected but i wouldnt be surprised to see a full dump here which usually happens after a massive rising wedge run; For examples see Visa,AXP,JPM ,Cat.
$TGT put setupshort lines worked out today, plus 100% on first batch. holding a few for remain of week.
$TGT starting to show weakness...No position yet, but this daily candle forming gives me reason that we could pull be into earnings, maybe text $255. Still playing $COST put spread
$TGT post earnings dip?...After looking into Costco, started looking at WMT and TGT. TGT looks overextended here and indicating divergence on the RSI. Interested to look for a put spread into end of August.
