TGT trade ideas
run up to earnings and beyondearnings this week with the potential to hit all-time highs within the next 15-30 days.
TGT Retest/RemountTGT has come back down to the 155 level which was previous resistance, but now support and has remounted over that level. I expect a push to the top of the range to the 165 area. It has shown a higher low and now looking for a push upward.
TGT SHORTTriple MACD Bearish Divergence w/ lower highs on RSI showing buyers exaughts, if it breaks lower trend line could be a dump.
TGTPublished: October 11, 2020
Currently overextended, looking for a pullback to support then re-enter long.
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.
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 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.
