Look at how perfectly this TGT price action was followed:
Now analyzing the options chain and the chart patterns of TGT Target Corporation prior to the earnings report this week,
I would consider purchasing the 136usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $2.66.
If these options prove to be profitable prior to...
TGT stock has both stepped back on 2.618 in golden section
This figure shows the weekly candle chart of Target Corporation's stocks over the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, Target Corporation's stock peaked three times in August and November of last year, reaching its highest point in...
Target - 30d expiry - We look to Buy a break of 138.53 (stop at 131.53)
This stock has seen good sales growth.
138.28 has been pivotal.
A break of the recent high at 138.28 should result in a further move higher.
Bullish divergence is expected to support prices.
The bias is to break to the upside.
Our profit targets will be 156.53 and 159.53
Resistance:...
Hi traders,
let´s take a look at TGT analysis.
Wait for the price to retest the resistance zone and enter the short position.
Our estimated target is 132.14$.
Entry and stop loss are indicated on the chart.
Good luck
With NYSE:TGT struggling to find its footing after its May downturn, it's due for good news. The upcoming earnings report might be the catalyst needed to challenge the persistent downward trend. Despite lagging behind NASDAQ:AMZN and NYSE:WMT , TGT is working hard to regain ground it suffered from overstocking issues and inefficient offloading strategies like...
Watching TGT leading up to earnings. This looks bottomed and expecting good earnings based on the inflationary trade.
Interested to see the price action as earnings approaches with the number of gaps on the chart.
It looks like Target is breaking down once again, after consolidating for months. I was originally looking to go long but I opened a small put position for September.
ABC downward zigzag. Gentle ABCD triangle for B Wave here. Confluence of Fibonacci goals shows us some good targets. Bolinger Bands are squeezing. My guess is we are in Wave 4 of a SubWave 3 of an undetermined degree.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
Target is approaching another downturn as we have just finished off the micro wave 4 correction inside the wave 5 down. If we take a look at the top of the macro wave 4 (which is in yellow) we can see I have drawn out the micro wave count of the macro Wave 5 we are in.
The Fibonacci levels fit in with the Wave 2 and Wave 4 corrections inside this downturn. With...
I chose to invest in Target based on its price point, considering the double bottom pattern that I identified on the chart. This entry point seemed favorable to me. As expected, the stock then reached my resistance level, providing evidence that charts can be useful in making decisions regarding entry and exit points. While chart analysis is not flawless, it does...
Target has obviously taken a beating for reasons that shouldn't need explaining. However, I do believe that the bottom base is between $128-$132 which it could reverse from.
Keep in mind: bottoms can take weeks, if not a month(s) to form, so there needs to be patience here.
Not financial advice, best of luck :)
Target has been in a downtrend for awhile now, and it will continue to fall 100% if we do not break above this resistance line where Wave 3 had ended. If we are to break above this line it would give me a sign that Wave 5 has ended and have upside coming. Until then, we must wait.
The PEAD projected a neutral outlook for NYSE:TGT after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
The Setup
Target NYSE:TGT has had a very bearish fall off All-Time-Highs over the last 2 years. It has finally retraced the entire length of its run from the 2019 Pre-COVID High and returned to it as potential Support. Price MUST hold here or else continue down to lower levels in the "Valley of Risk". It is worth a trade off this level.
The Trade:...
