Earnings watch todayEarnings watch today, Tuesday 2/28/2023. Here's a 4hr ext chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 11 tickers.
TGT
AZO
MNST
AMC
SPCE
CLOV
AAP
MARA
BLNK
RIVN
NVAX
TGTCL trade ideas
$TGT entered the squeeze going up?$TGT rises in technical breakout with no new catalyst except couple of analyst rating.
Target is expect to report their earning this week on 02/28/23 before market opens.
sometimes this happens when the stock is about to announce its earnings or pull back.
as fed rates continues to rise the interest I believe consumer will shop more wisely
on current market inflation.
but with these cyclical market I think retailers and other consumer goods are still
a good defensive stock.
I'm not really confident on their up coming earnings based on their last earnings.
TGT misses the eps last time despite the holiday boost.
here's my price level for TGT
TGT average price move per day is $4-$5 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TGT:
Buy call above 168.68 and sell at 170.90+ or above
Buy puts below 165.79 and sell at 163.77 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
Target levels above 180 continue to attract sellers.Target - 30d expiry - We look to Sell at 180.35 (stop at 186.64)
Levels above 180 continue to attract sellers.
183.89 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
This stock has seen poor sales growth.
Preferred trade is to sell into rallies.
Posted a Treble Top formation.
Our profit targets will be 164.64 and 161.64
Resistance: 170.00 / 175.00 / 180.00
Support: 166.84 / 165.00 / 158.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
TGT massive gapTarget formed a massive gap on it's inventory problems. These will resolve and the gap will fill. In the meantime it's been in a trading range from 140 to 185.
TGT - Waiting GameTGT Target Corporation is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962.
Currently in a rotation. Looking for a sharp price rejection. A possibly lower price to attrack investors, and then a sharp reverse low
TGT Retracts From the Double-top Targeting $161TGT share formed a bearish double-top pattern by retracting from January high.
The first bearish target would be 161.54 level and the EMA-25. Breaking below those lines shall pave the way for the next bearish area target between 159.49-158.34 levels. The area between 155.71-154.84 levels would be the further bearish targets ahead of breaking below the previous area.
On the bullish side, a breakout above 165.59 may invalidate the double-top pattern and the buyers may target 167.28 level and 169.19 further.
Target Corporation 1/20/2023I sold all my shares in this company today as it started to close in red in three consecutive trading days with average volume which to me signals a weakening upward momentum. While I still think that this stock could climb up to 180, it will likely pull back first before continuing upwards.
Target dips continue to attract buyers.Target - 30d expiry - We look to Buy at 142.11 (stop at 133.33)
Levels below 140 continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
We are trading at oversold extremes.
Expect trading to remain mixed and volatile.
Our profit targets will be 165.41 and 169.41
Resistance: 165.69 / 170.00 / 180.00
Support: 155.00 / 150.00 / 146.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$TGT for long term?it was a tough 2022 for $TGT due to shortage of inventory or overstock inventory. their black Friday sales wasn't impressive along with their Christmas sales. on top of that, the inflation is making it hard for the consumers to spend their money.
despite the inflation, consumers learns to spend their money in smarter way. $TGT manage to control their inventory in the right way and slowly replenishing their shelves in the meaningful way. within the couple of months target got upgrade and downgrade
twice for from hold to buy and outperform. stock price of target is very attractive right now and might me a good for long term hold.
$TGT typical price move is about $2.00 to $4.00
Below is my price level entry and exit for intraday trading or scalp play.
the stock looks extended in 1hr chart. I suggest to wait about 30min to 1hr at the
opening bell before following the stock.
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For calls; buy above $161.49 and sell at 163.27 or above
For puts, buy below $158.34 and sell at $157.27 or below
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Bot generated technical analysis:
Last price: 160.12
1st resistance level: 161.70
2nd resistance level: 163.27
1st support level: 157.90
2nd support level: 155.67
Honorable mentions: $WMT technical looks good and momentum still looks solid.
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Hi and welcome to this free technical analysis . ( mostly momentum play )
I am going to POST where i look for possibly entry and exit for intraday or scalp for trading.
I will try my best to make the idea short and simple as possible.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
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TARGET PREDICTION!!!!! (SHORT)DESCRIPTION: In the chart above I have provided a macro analysis on what can be the potential path that price action will follow with current ongoing bearish momentum.
POINTS:
1. Price Action is in an overall downtrend channel.
2. Within this falling channel we have consolidation occurring with bearish trajectory as seen in the image to the top left in the top right example.
3. We have seen a BREAKOUT to the $139 range recently and if we come to see PULLBACK in the $156 range this would confirm a downward move.
*IMPORTANT: PULLBACK POINT COINCIDES WITH TOP OF CHANNEL, SUPPLY FLOOR & 100 & 50 MA.
SCENARIO #1: If price action is to lose $125 we will most certainly see a continuation of current bearish momentum which will then place us in the the follow SUPPLY & DEMAND POCKET OF $125 - $75.
*NOTE: $125 -$75 SUPPLY & DEMAND POCKET HAS PROVEN TO HAVE WEAK PRICE ACTION IN THE PAST.
SCENARIO #2: If price action is to move onto a bullish scenario it is crucial we hold $140 and see enough consolidation in order to invalidate current setup.
NYSE:TGT
Target Corporation 12/27/2022Target Corporation is testing its support line at $142/share and will likely bounce up to 166-180.
After cutting losses from my previous investment with this company, I decided to place an buy order. with the said target. I will cut my losses if the stock closes in a red candle below my support line.
TGTNot a good look to start the week. Below $145 "confirms" the double top from August & November. Looking for lower here unless we get a hard reversal this week. Sub $100 by mid 2023 wouldn't surprise me.
Bye Bye Target?Target under 145.51 will continue the bloodshed on retail stores. If we lose this level, we'll head to 137.
Should be an easy enough short!
Target CorporationI opened a long position in this stock today for a possible long-term play to close the downward gap that happened last May 2022. As we all knew, the stock has gapped down after the company reported lower-than-expected earnings in the 2nd quarter of this year. Since then, the company's stock has been range trading between 140-ish to 180-ish levels.
As you can see in my chart above, the stock has re-tested a key resistance level at 180 and it has bounced back from a higher low ever since.
I placed my key support levels between 144-152 while my key resistance level is at 180
Bear possibly Target. Just wondering if this is a bear flag.Usally I not take much notice of the volume but is a thinker.
In Spite OfTGT has bounced up again after 3 earnings misses in a row!
I'm thinking maybe it is time to "let it go"
I suppose there are plenty of people out there who love this stock no matter what their earnings are!
If or when the market turns down again, this one may pay the piper.
Ascending triangle noted as the bottom trendline is sloping up.
This s a neutral pattern until broken and ascending triangles break down just like descending triangle break to the upside.
I am not a TGT lover, but I do know times are tough. A super well run company adjusts to the environment in my opinion.
But that si just my opinion and we all have one.
I have not studied earnings estimates by analysts and whether they are soft or not. It seems that sometimes they cut a company a break with very low numbers to beat, so they beat and everyone and their brother buys it on the earning's beat. Yet the numbers are lower, sometimes very much lower than last quarter.
No recommendation but I would short this at the right entry level
$TGT TRADE IDEA bearish bias will be looking to enter puts once we break that entry for puts on the week. Once we break the quarterly 3-1-2 continuation to the downside we will have full time frame continuity to the downside, keeping this on my radar. Just because it says entry for puts on the 4hr and D doesnt mean im entering puts at that point those are just my labels for horizontal lines so i know what im looking at FYI. #TheStrat
Another Earnings miss for TARGET?3 Consecutive earnings misses TARGET, due to the elasticity of it products with signs of a soon recession TARGET may face decrease in revenue from its top sources of revenue Beauty & Household Essentials and Home furnishing & Decors .
TGT Accumulation zoneAccumulating some TGT here around $140-151-158
Targeting (pun intended) at least 200 EMA on daily chart - 174-176-179-182-185-190-200
SL- 133
$TGT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TGT after a Negative over reaction following its earnings release placing the stock in drift C.
Target - Corporate earnings season resemblant of the bear marketYesterday, Target announced its earnings for the third quarter of 2022. The report outlined softening sales and profit trends with downgraded guidance going forward. Total revenue and cost of sales increased year over year, while net earnings and EPS fell dramatically for that same period. Subsequently, shares of Target fell more than 13% in the pre-market trading. Target is yet another company that fulfills our prediction about a weak corporate earnings season and progression into the second phase of the bear market. We expect this trend to worsen in the next earning season and further enforce our thesis.
Total revenue = $26.518 billion (+3.4% YoY)
Cost of sales = $19.680 billion (+8.1% YoY)
GAAP Earnings per share = $1.54 (-49.3% YoY)
Operating income = $1.022 billion (-49.2% YoY)
Net earnings = $712 million (-52.1% YoY)
Illustration 1.01
The image above shows the daily chart of Target. Yellow arrows indicate previous earnings reports and subsequent price action.
Technical analysis - daily time frame
RSI and Stochastic reversed to the downside. MACD flattens, and if it breaks below 0 points, it will bolster the bearish case. DM+ and DM- performed a bearish crossover. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic show signs of exhaustion. DM+ and DM- are bullish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Rectangle/Earnings AMCPrice is sitting on the resistance line today after WMT had an earnings beat,
TGT has earnings this afternoon AMC.
No recommendation.
