DYH trade ideas
Target continues urban expansionThe Lower East Side of Manhattan, a gritty precinct once famous for crime, junkies and denizens of punk rock, is about to get its first Target.
Long-term view on TGT- Weekly ChartTarget has really taken a beating lately, primarily due to them losing market share to the mammoth Amazon. With the most resent earnings, TGT has broken down below what had been downward sloping support. My expectation is we will have a slight sell off early this week (week of 4/3/2017) but will ultimately retest the line that had been support, but will now be resistance, which should occur around TGT $61.50 area. In my view, TGT will then trade sideways/down and eventually break-down with speed to ultimately hit $43.60's area, or the 1.414 fib level. The timing lines up with my view of the overall market and also is a point where TGT will be hitting long-term support. Not a huge fan of retailers dwindling in market share but if this does occur, it may set up for a nice buy given their decent dividend and at that price it would be considered cheap. In summary, in my view, you can buy now for the short-term bounce to $61 but you don't want to be holding this stock once it reaches that level!! Wait to buy Early/Mid 2018.
TGT Target 100% confirmation of Wave 3 Impulse going SHORT !It seems we have a 100% confirmation of TGT (Target) going SHORT on a wave 3 on Intermediate, Minor and Minute Periods. MACD, RSI and Stochastic all show oversold positions and we shall see on next open of market, how far down the price action gap will take us before we see an upwards move on a correction because continuation of downwards Impulse move. SMA also indicates bearish trend continuation.
This is a Very Dangerous sign for Target as this impulse is on an Intermediate period, which means if it continues this way, the stock is headed downwards very fast. A great SHORT opportunity here is at the breakout of a Fibonacci move, for some significant profit. I shall now await for a corrective structure to form within the Wave 3 move, to then take a short on this, all the way to the bottom of wave 5.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk.
Plan your trade and trade your plan... and IF in doubt, stay out.
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TGT - Hi Risk/Reward Option play, $45 July puts @ $0.45TGT is a possible High risk setup with high potential reward. It has broken down a long term upward channel & Channel breakdown target is around $45-46.
And on the daily chart it has a downward trend, which targets around $44. To play this we are considering $45 July-17 Puts, Currently around $0.45
* Trade Criteria *
Date first found- March 14, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $54.35; We would consider July $45 Puts
Exit Target Criteria- $44-45
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
TARGET GOING UPA recent descent of volume in falling price plus the bullish hammer indicates an uprise movement.
I like the look of retail clothing but $TGT not so muchTarget is getting stomped on and looks to have decisively broken a long term trendline.
I give Target Corp a decent price Target.Target (TGT) is currently below its trading range and shows considerable weakness. TGT will recover in 2017 and reach a price target of $80/share. Long entry at 65 when TGT has shown a sign of reversal in current bearish trend. Will make for a 21% gain on the year if it can sustain that price point through 2017.
The Drop in Target Shares is a sign to buy Target & T-BondsNotice how Target tends to fall and signal a weak economy, which is picked up in the Bond market with falling rates (Bonds rise when rates fall - this is a chart of yields). There are 3 white-box areas that show the pattern. You can see it is a very reliable and useful pattern.
This time around, however, that signal is not transmitting through in the markets. There is a strong feeling that now is the time to borrow money and the world is out there aggressively selling T-Bonds now, which is also building up a huge short position in futures markets. Market commentators are talking about how big the short position is, but the reason it is there is because people believe interest rates are headed higher because of the Trump Administration.
What I think we should do is to buy $TGT here. Because this is a divergence this time and Target is oversold down into a level where there is significant support and volumes are slowing down and losing momentum as buyers absorb shares from the panicking sellers.
I view upside as the $70-$72 area in the next 3-6 months. I would consider selling calls at the $70 level to capture premium which is likely elevated due to recent volatility.
I'll do some fundamental valuation analysis next, but this chart is compelling enough to me to make me want to own Treasury Bonds and to also own Target shares, instead of holding onto cash.
Cheers.
Tim
$TGT 64.17 last
$TYX 2.99% last
January 23, 2017 11:45AM EST
$TGT Slammed. Here Is The Next Support To Buy It...Target Corporation (NYSE:TGT) took another beating today, falling over 5% after the company updated its fourth quarter guidance. Retail sales fell short and investors continue to run from every brick and mortar retailer. Many retailers like J.C. Penney (JCP), Macy's (M) and Sears Holdings (SHLD) are down over 30% in recent months. The sector is starting to look like a dead man walking or zombie. There is constant chatter about "real estate value', meaning investors are trying to justify the retailer valuation based on what their land is worth, essentially saying the retail brand has no value. This panic is getting overdone. While yes, more shoppers are shopping online, stores during Christmas were still packed. If anything, this massive sell gives investors like me a great opportunity to accumulate good companies on the cheap. In regards to Target Corporation, there is a major double bottom support level coming up at $66.00. I plan on picking some up there for a hard, strong bounce. I will be looking for a 5-10% bounce.
I post and verify every trade I take right here: verifiedinvesting.com
$TGT Holiday Season approaching Time to buy!Long term investment here. If goes any lower will reach the KEL highlighted. Good luck!
TARGET DA TARGETHoliday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target.
TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support level either @ $52 or $47 range. A good target to buy would be sub $10
$TGT high probabaility set up Target looks fantastic! It is on the cross line of long time support ( lover trend line o rising channel from 5 yrs chart) and downward channel.
