Shares of Target Corp $TGT are signaling a strong sell. Just two weeks ago, the stock chart put in multiple topping tails showing major distribution but big money. As the S&P hit new all-time highs over the past week, Target shares fell. In the last few days, those same tail formations are beginning again, signaling more distribution. It is likely Target Corp will start to break lower in the coming days, headed for the $80 target. Note the chart...
Comment:
This was certainly a nice call. We took profits a long time ago, along with many others; haven't updated this site, but we will be more active now! www.InTheMoneyStocks.com