TGTD trade ideas
TARGET DA TARGETHoliday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target.
TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support level either @ $52 or $47 range. A good target to buy would be sub $10
TGT: Nice uptrend continuation tradeTGT is offering a second chance to go long if you missed my call in the Key Hidden Levels chatroom, or if you are not one of my trading signals clients.
Go long at market, stop at 74.13 and aim for 79.81. Risk 0.5-1% per trade idea I post.
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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
TGT Long WeeklyTarget recently completely redid their company security structure and the
market responded buy heavy buying confirmed with heavy volume and a huge reversal bar on the weekly..
I look for continued buying as the bears over did it.. Target is extremely well
run however like any major company is subject to a gaff in operations. I remember the new Coke in the
1980's and how Coke fought its way back for huge gains after that debacle. Any dips should be bought and
I look for TGT to retest its highs long term Target has a unique nich in how they market products particularly to younger shoppers in their sector
Good entry for TargetNow is a good time to get into Target with little risk! It is near its weekly support of 66.46 and the major trend is still up. The major support on the monthy is around 61 so I would sell if it closes below 65.50 and repurchase at a price closer to 61.
My first price target is 72 within 4 weeks and my second target would be a continuation of the long-term trend which should soar past 84.
REPUBLISHING Target TGT Daily "CHEAP ENOUGH TO BUY"Note the blue box highlighting the low-risk level to buy TGT shares.
Nice 10% rally in TGT from those levels just two months ago.
This level may be a decent enough area to exit this trade (now that I'm patting myself on the back here)
Tim
12:17AM EST 7/25/2014
Target Corp TGT Daily -Oversold and CHEAP enough to buy I tallied up the last four quarters of earnings from the last 4 earnings reports and came to this conclusion:
$55.79 last / $4.03 TTM earnings = 14 times trailing earnings = 7.1% earnings YIELD
Given all of the problems TGT has had in the last year and they can still generate a decent profit then I think they can turn this ship around. I know it looks ugly but when you look at the valuation it gives enough margin of safety to generate a decent risk versus reward investment here.
I added some great fundamental data to the bottom of the graph: I added TOTAL REVENUES (in $Billions) and Target's AFTER TAX MARGIN. It shows flat revenues and a sharp drop in their margins. Granted, Wall Street thinks in a straight line many times and assumes that a falling line (after-tax margins) will continue to fall when in fact they already may have reached a bottom and are basing out and poised to rise.
I also have shown many of the earnings reports and how those levels create important support and resistance going forward. I also added the 1-year earnings trend-line (in light red) that connects 2 earnings reports that are 1-year apart. It is also interesting that these "lines" which no one sees, actually are somewhat useful at seeing support and resistance.
I think Target is cheap enough to buy here and I have labeled a box to represent the zone where I think the risk-reward makes sense. I would risk 3 times the average daily range upon entry on the long side of TGT.
Tim 12:35PM EST, Friday, May 23, 2014
TGT reports before the bell WednesdayTarget reports earnings before the bell Wednesday. Data breach dec 19th, fired ceo, customers lost, effects .70 estimate? Walmart disappoints with their earnings and forward guidance. Have not decided yet what to do, if anything, but if they disappoint, some well placed put options could reward Wednesday, and if the markets slide down this week, which my radar says may happen. $$$
