Here is the link for our updated watchlist.
www.tradingview.com
All stocks on this list are meeting IBD's CAN SLIM- and Mark Minervini's SEPA selection criteria.
Only a short list for now - this also represents the difficult environment we are currently in - very frothy, high volatility, especially for growth stocks - elevated level of caution is advised!
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...