TGT - Persistent uptrendStock seems like it could resume higher through next week. Hoping for 165. The weekly chart is especially noteworthy indicator for this as it looks to be breaking out on a bull flag.
TGT trade ideas
TGT WEEKLY BREAK OUTTrade on volatility curve OCT 23, we see a low IV so we think there are a good play for the break out.
We suggest Long call OCT 23 strike 165, entry price 2,28 usd SL 2 usd TP 4,17 USD.
Our trade is focused on the increased in the volatility curve given by the break out
PEG setup: TGTI'd like to see some more volume going into this, but it's worth a mention. $TGT breaking through ATH and making new ATH today.
Ideally I'd like to see a nice wedge or pennant be formed after today as it waits for 20-day to get closer.
I just went long TGT callsBased on today's breakout above previous highs, as well as the MACD crossover on the daily, I bought January 170 calls for 5.70. Weekly chart looks strong as well. NYSE:TGT
$TGT Bull-Flag Breakout In TargetTGt trending within a very well respected channel in which
the stock is now above Mid-Channel & forming a Bull-flag breakout.
The old Fibonacci 1.618 level will once again act as resistance| target once again.
Longer term target $169 while market remains strong.
TGT - Heading into the holidaysTarget is setting up with a nice bull flag before the holiday season. It has a little bit more of a gap to fill which is sitting right at the 61.8 fib level measured from the June pullback. I think we will see a little bit more downside next week and I am hoping for a nice bounce and break of the upper trendline with strong volume.
As always, I am not a financial advisor and this is not financial advice. Do your own research and formulate your own theories. Good Luck!
TGT Earnings Flag ready for a breakout through 148.50 levelTGT wedge pattern, coming off back to back inside days and holding up this earnings flag like a champ make this very attractive. I will be watching closely to enter on a break through 148.50 level.
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 !
right in the demand zone, will go up double bottomed, likely to go up.
if TGT breaks below support, this tech analysis will become invalid
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- The StratDidn't take a trade but wanted to show the idea
TGT I think will go REV STRAT on the weekly....1-3
TGTTGT has had a good run recently, but when zooming out it looks like it could just be getting started. Broke out of this 20+ year channel last year and back tested it perfectly this year. Might consolidate a bit over the next couple weeks, but should see $190 once it gets moving again.
TGTBought the breakout of this triangle but stupidly chickened out before earning in the early $130s. See next chart for why I say this.
