showing rebound in long term charts, positive option flow
The Lower East Side of Manhattan, a gritty precinct once famous for crime, junkies and denizens of punk rock, is about to get its first Target.
Target has really taken a beating lately, primarily due to them losing market share to the mammoth Amazon. With the most resent earnings, TGT has broken down below what had been downward sloping support. My expectation is we will have a slight sell off early this week (week of 4/3/2017) but will ultimately retest the line that had been support, but will now be...
It seems we have a 100% confirmation of TGT (Target) going SHORT on a wave 3 on Intermediate, Minor and Minute Periods. MACD, RSI and Stochastic all show oversold positions and we shall see on next open of market, how far down the price action gap will take us before we see an upwards move on a correction because continuation of downwards Impulse move. SMA also...
TGT is a possible High risk setup with high potential reward. It has broken down a long term upward channel & Channel breakdown target is around $45-46. And on the daily chart it has a downward trend, which targets around $44. To play this we are considering $45 July-17 Puts, Currently around $0.45 * Trade Criteria * Date first found- March 14,...
A recent descent of volume in falling price plus the bullish hammer indicates an uprise movement.
Target is getting stomped on and looks to have decisively broken a long term trendline.
Predictable price action patterns. Nothing more to say.
TGT, Long, Double channel support, T73$ SL62$
Target (TGT) is currently below its trading range and shows considerable weakness. TGT will recover in 2017 and reach a price target of $80/share. Long entry at 65 when TGT has shown a sign of reversal in current bearish trend. Will make for a 21% gain on the year if it can sustain that price point through 2017.
Buy TGT at $60 for short-term bounce.
Notice how Target tends to fall and signal a weak economy, which is picked up in the Bond market with falling rates (Bonds rise when rates fall - this is a chart of yields). There are 3 white-box areas that show the pattern. You can see it is a very reliable and useful pattern. This time around, however, that signal is not transmitting through in the markets....
Target Corporation (NYSE:TGT) took another beating today, falling over 5% after the company updated its fourth quarter guidance. Retail sales fell short and investors continue to run from every brick and mortar retailer. Many retailers like J.C. Penney (JCP), Macy's (M) and Sears Holdings (SHLD) are down over 30% in recent months. The sector is starting to look...