$TGT - Easiest money ever.Just buy TGT at 185-ish and wait till it's near or above the bullish channel of the Pitchfork. Easiest money you'll ever make.
That's it. It's super easy.
TGT
TGT breakout heading into earnings From a TA standpoint, this is riding an uptrend since April and looking like a possible IH&S with desc wedge heading right into 3/2 earnings. On top of a weak WMT earnings where WMT noted a loss in market share recently, look for a run up into earnings banking on market share shifting to TGT. I believe new ATHs (204) will be tested in the coming weeks with all this considered
TGT to hit 210$?TGT has formed a channel pattern and is holding above 190$ for past few days.
Holding above this level, with the retail sales report coming in tomorrow and earning in March, it can test ATH 200 and can reach 210 to 220$.
NOTE: This is just a prediction and this cannot be taken as a trade advice!
TGT Channel & ER Run-upRetail hasn’t really been the play in the past couple of weeks but Target $TGT has proven itself to be a strong company throughout this COVID market. $TGT has been following the same strong support line since October, and has been holding the same trend line for the past year. $TGT hit its support on January 28th at the price of $178.01. Since then, it has pushed and closed at $188.86 on Friday February 5th. I alerted a position on Thursday for two 200 call contracts for March 19 expiry. Target has the upwards momentum and can see the levels of $190 then $194 and then a push to $200. Price target set at $200, could see this in the next one to two weeks - above that can run to 210-212 at the top of the channel.
TGT 4Hr TF bullish to $130If target can stay above $123 and breakout of the triangle, then I will long to $130
TGT ChannelTGT is currently at the top of the channel, with retail numbers recently coming out negative and all technicals pointing to a top, this red candlestick could mark the beginning of the reversal on TGT. IV is low, Puts could work, aiming for 180s by February.
TGT Target Play for Pullback to 180 testTGT
Target pretty much top of channel that extends back further than shown here
Might be decent opportunity to seek a pullback test 180 previous high...
Had quite the move recently
Options Call open interest all around 185s Jan & Feb
Though its not really a heavily traded options name
Also it's not a super liquid name in general so is prone to decent gappy moves +/-
Earnings in March
Looking to play the 180 Puts in some sort of spread most likely...Maybe the 185s depending on how it open today, hopefully it doesn't gap down before I get the chance to open the position
I'm assuming stimulus check hope is priced in after GA elections and that could be one of the drivers of this recent surge higher
PFE 37: Boring but good Risk/Reward in a dangerous market PFE is an enormously profitable company that is not in fashion with the momo crowd or the new kids chasing sexy names. It is however an A+ company with staying power and good dividend yield, a better alternative to bonds in today's near-zero interest rate. As SPY correction is highly likely, it is perhaps a place to park some cash.
Also, the market has shown some interest in routing into real economy stocks (with real revenue and profit). TGT, WMT, GE for instance.
Technically it has turned upwards, after a sharp and quick sell-off from 43, after all the covid vaccine news. 1st Target is 40.50
To be long around 37 or sell PCS of 37/33. If needed lunch money, one could also sell ATM weekly calls that give out a 2% weekly premium.
This is a plan, obviously not any sort of advice.
TGT / TARGET runup to 180Get ready for a possible TGT runup to 180 starting Friday to Monday.
We're way below the range right now, good entry point.
THE WEEK AHEAD: LB, ARMK, TGT EARNINGS; XOP, GDXJ, KRE, IWM/RUTEARNINGS-RELATED VOLATILITY CONTRACTION PLAYS:
LB (7/69/16.0%):* Announcing Wednesday after market close.
ARMK (11/56/13.1%): Announcing Tuesday before market open.
TGT (30/39/8.6%): Announcing Wednesday before market open.
Honorable Mentions:
LOW (23/39/8.6%): Announcing Wednesday before market open.
HD (17/31/6.7%): Announcing Tuesday before market open.
WMT (24/30/6.4%): Announcing Tuesday before market open.
Pictured here is an LB December 18th (34 days) 29/39 short strangle paying 1.99 at the mid price as of Friday close (.99 at 50% max) with 2 x expected move break evens.
EXCHANGE-TRADED FUNDS RANKED BY BANK FOR YOUR BUCK:
XOP (14/54/12.7%)
GDXJ (15/46/11.3%)
KRE (26/45/10.6%)
USO (6/50/10.3%)
BROAD MARKET RANKED BY BUCK BANG:
IWM (25/31/6.9%)
QQQ (23/29/6.3%)
SPY (16/23/4.9%)
EFA (17/20/4.6%)
* -- The first number is the implied volatility rank or percentile (i.e., where 30-day implied volatility is relative to where it's been over the past 52 weeks); the second, 30-day implied volatility; and the third, the percentage the December at-the-money short straddle is paying as a function of stock price.
TGTTGT CAN CONTINUE HIGHER TOWARDS 168 THIS WEEK.
Target partnership with FAO Schwartz includes Barbie Dream expected to be best seller of the year.
Target will run two days of deals on Oct. 13 and 14.
AMZNAMZN WAS ABLE TO CLOSE ABOVE THE 3250 LEVEL ON FRIDAY. LEVELS ABOVE ARE, 3286, 3313, 3344, 3383.
Amazon Prime Day is on Oct 13-14th.
WMT, BBY, TGT next week will be offering their own online discounts and promotions. So I would keep those on watch.
TGT BUY OR LONG , TARGET UP TO $180+Keeping the correction, Flag tightened I guess it will soon give me the expected results don't forget that I always stop loss no more than 6-8%.
TGT buy : $150
TGT target : 180+
Stop loss : 5% .
Wish you have a good deal !
Target - Pullback tradeThe markets have been selling off over the past few days, leaving most of the sectors in the S&P 500 in the red. A stock that caught my eye today was Target. The discount store's stock prices have been trading near it's 21 day exponential moving average only dipping beneath it temporarily throughout intraday trading sessions. Despite the warning signs of what could be another big sell off, I choose to remain bullish on TGT and consider this to be a pullback trade setup. Of course, we might see price dip below the 21 as it has in the past...but that doesn't seem to be more than a day or two. If it does... then consider the possibility that Target is reversing rather than pulling back.
Options speculators should consider the chance of a broad market selloff and at think about using spreads rather than directional plays. If you are trading the stock, plan your trade and trade your plan. Only you know what you can afford.
TGT Bearish IMO -Not Trading Advice-I drew this line & arrow yesterday, it's lining up perfectly. About to fizzle in my opinion.
Not trading advice.
TGT
$TGT PT $150-160Following earnings on Walmart, a good report from target should propel the stock to around $155. It broke the CH. Robnihood traders have already started picking this one up.
$TGT Bring pullback for bears$TGT Opened with ~12% gap up RSI 88 daily ~80 weekly, Cramer pushed up , Good earnings report, without any pullback or somethink else . If tv say buy so you must sell . Lets see how it becomes tomorow.
As usual bear side .
