TGT bearish back down into channel
Target has been a consistent winner for a while now
Can't see it being chased too much higher...though it's of course possible
That's why I'm gonna scale into some June puts and average in while waiting for a turn back down into the makeshift channel we broke above today
I've had some success recently on these type of plays, looking to keep it going with TGT
Can't see it being chased too much higher...though it's of course possible
That's why I'm gonna scale into some June puts and average in while waiting for a turn back down into the makeshift channel we broke above today
I've had some success recently on these type of plays, looking to keep it going with TGT
Note
This damn trade!I attempted to close this trade when we broke below 224
But I missed the fill
so still in it and not thrilled about it
sometimes you gotta take smaller than anticipated profits and then re-establish at better prices. I missed that chance
Note
I'm still in this but it ended up being a total trainwreck.Stock Stayed in between 226-228, def should of been a short call spread play if i wanted to lean bearish
See where it ends up today [friday june 4]
looking to exit
Note
It didn't end wellFinal nail in the coffin was UBS upgrade sending TGT +$5 & then the next day TGT raise Dividend
That's not fishy at all lol
On to the next
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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.