TGT (Target), consumer defensive play crashing on bad earnings and inflation concerns.... Weekly chart. Now oversold. Can we go lower?
Here are the levels I'm watching to enter:
- 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level. - 90-82: is the second zone of interest I'm watching. If we reach this zone I'll buy stocks as a long term investment.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.