$TGT beating the EPS expectation.$TGT earnings has been stellar since the start of the pandemic after boosting their stores with their drive up pick and online with optional delivery or store pick up.
with these added convenience, customer intend to shop more often and helping Target to boost its revenue. despite the good earnings, $TGT did not make a rally yesterday
due to uncertainty of the economic backlash of the war between the two countries overseas. i think imo TGT is still a good buying opportunity once the market becomes more steady.
Day trade or scalp target play: 03/ 02 /22
Buy call above 224.90 sell at 230.24
Buy puts below 216.29 sell at 214.14
Hello everyone,
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I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
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TGT
Weekly Watchlist 2/7 - 2/11Check out what stocks we are looking to trade this week!
NASDAQ:LULU
Looking to take a breakout over the $355 level
Targets: $360, $365, $370
NYSE:TGT
Looking for a break of this wedge pattern and a move over $223
Targets: $224, $225, $226, $228
Keep in mind I will not be taking these trades if AMEX:SPY is still range bound between $453 & $444
$RBLX $U $ROKU $TGT I OptionsSwing WatchlistRBLX 4H I RBLX will be reporting earnings on 02/15.
Taking RBLX $70c 02/11 on a breakout from $65. We can also wait on RBLX to report earnings before jumping on it.
U 1W I Held the weekly trend line we highlighted last week and moved up 17% after reporting earnings. Watching for a break above $112 with volume this week.
ROKU 1D I We are spotting a bullish divergence on ROKU on the daily time frame. Also, unusual activity has been picked up betting on ROKU $180c 02/18 @ $5.90!
TGT 1D I Possible falling wedge on TGT daily time frame. We also have a bullish divergence on the RSI. Aiming for $218 calls expiring this week as long as $212 holds.
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.
Target Double Top Ready for correctionTarget Double Topped on Weekly timeframe. The price fell below the support level at 225.
The long trend line was also broken.
If Monday it closes below that level is a clear Short for me with SL set at 225.
I offer 2 targets as TP:
1. Short term target set at Round number 200
2. Medium term set at around 167.
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🚀 Target with next Leg up ? 🚀 NYSE:TGT
Today I want to talk a little bit about Target. As one can see this stock is in a strong upward moving trend. Since the last 52 weeks high which is around 267,23 the stock corrected by 5% and created a base between 267,23 and 253,98.
Trading Idea:
Long above 264,20 with as Stop Loss below 252,42
Important:
- Pay attention to the earnings and dividends date which are on 17th and 18th of August
Gaming Plan Best Case:
If TGT breaks out above 264,20 one can place first profit target order at 287,76 and self half there. If the first profit target order is hit, one can move the stop to breakeven. My second profit target would be around 300. Of course one can only use one profit target to sell half and use the other half to play for a bigger move.
Gaming Plan Worst Case:
If the stock squats i would prefer to sell half of the position around 258,60 and the second half at 252,42
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$TGT Target - Breakout Retest -> Bounce$TGT Target - Breakout Retest -> Bounce
Broke out last week and closed above $200 resistance. Dipped this week but closed back above $200. Expect to see a strong move into the $200s over the next few weeks.
Medium term target - $240 possible by late July
Note: This is NOT investment advice. Educational only.
$TGT - long after ERAfter a solid ER and a nice chart. $TGT looks great to go long here.
ER Recap:
Target exceeded Wall Street’s expectations for the fourth quarter, thanks to a strong holiday season and stimulus checks.
[*}The company has gained market share with its e-commerce offerings and wide range of merchandise, as retail competitors temporarily closed and saw sales drop during the pandemic.
[*}Still, Target declined to provide a forecast for the year ahead, saying the pandemic has made it too difficult to predict consumer patterns.