Get started
TARGET CORPTARGET CORPTARGET CORP

TARGET CORP

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

TGT trade ideas

Double Bottom and Bullish Divergence on TGTAs you can see, the price action is contained within a descending broadening wedge at the moment, which has appeared to have found a double bottom, with Class A Bullish Divergence on the MACD and Class B Bullish Divergence on the RSI. From my entry point at $92.84, if the trade reaches the 382 fib retracement, that would be a 9.23% gain. If it reaches Dow's 50% retracement, then it will be 12.83%, and if it goes so high as to reach the top of the descending broadening wedge where it will run into the 618 Golden Zone as well as the 200 and 50 day moving averages as resistance, I will see a profit of 16.44%. It's worth noting that bullish divergence is not as reliable in a bear trend. None of this is financial advice, and I am not employed or affiliated with Apollo Trading in any way. I am, however, interested in hearing critiques and criticisms of this idea.
NYSE:TGTLong
by HeathHimself
TGT - Poor Retail - Poor R/R RatioThe poor retail sector, TGT you looked so good before, lapping WMT , chasing AMZN , but then the 'rona. TGT still has great long term potential, current Mr Market is pricing in a -1%YoY growth rate on DCF to get to a $121 price point, 0% gets you $131, and current EBIT valuations have you around the $94/98 point. This should lag in the tight zone till earnings . If we get a "bad" number, let it sell-off, look for the $110/100 point, and pick up a few shares knowing that the world is not coming to an end. Really poor R/R ratio right now before earnings (~0.5), but when you get past earning with a nice drop you can turn that into a number in the ~3.5 to 7 range. Technicals, charts, VOLUME! and fundamental analysis = how to stay in the market.
NYSE:TGT
by kocurekc
TGT BUY OR LONG , TARGET UP TO $150 TGT will confirm the triangle pattern at $125, the triangle pattern for the target to $135 but the resistance is at $130 and if it breaks past the old peak of $130, TGT will have a chance to touch $150. - Price is above support 1d (MA200) - MACD supports the new rising trend - Volume is awaiting confirmation => Offer to buy in two zones ($125 + $131) at a rate of 50% + 50% <=> ($125 +$131) = price average $128 => Stop loss : 10% => Target $150 Wish you good deals!
NYSE:TGTLong
by VictorStone99
3
Earnings Play for TGTI grabbed in the money options before the breakout. weekly close above 123 confirms move. Target $132. In the money options help against theta decay but cost more up front. This is an earnings play. options that expire August 21 or 28 have lowest theta. Risk/Reward is 3.00 stop loss is low 119's. So long as weekly close is above 123, the 119 stop loss is reasonable. if this falls back into the wedge you can add another call around 116 and set a different stop loss, but the safer play is playing the breakout with confirmation. there were 2 hourly candles that close above the resistance along with strong bull volume on the last 2 hour candle.
NYSE:TGTLong
by UncleBeeB