Shares of Target Corp
TGT are signaling a strong sell. Just two weeks ago, the stock chart put in multiple topping tails showing major distribution but big money. As the S&P hit new all-time highs over the past week, Target shares fell. In the last few days, those same tail formations are beginning again, signaling more distribution. It is likely Target Corp will start to break lower in the coming days, headed for the $80 target. Note the chart...
Note
This was certainly a nice call. We took profits a long time ago, along with many others; haven't updated this site, but we will be more active now! InTheMoneyStocks.comDisclaimer
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Disclaimer
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.