I 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...
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 .
Yesterday, 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...
Sell Stop 144.66 LMT 144.66 GTC Buy Limit 123.64 GTC Buy Stop 162.07 GTC TGT weekly bearish hammer in resistance selling zone if we clear this hammer from below can run into next support 1.2R
Target With A "Bullseye"? I've identified a falling wedge pattern on Target's daily chart. Also, the RSI indicator shows higher highs and higher lows. Short float % for TGT was at 2.02% at time of this post. TGT is a good candidate for a swing. I have my "Bullseye" above 159 or at the break of the upper trendline. *This is not financial advice.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
$TGT has earnings coming up and a huge +20% gap to fill, which would be a +$35 move for this week to come or even leading into next week! Price has broken resistance and is making a bullish move to the upside to fill that gap it seems! Patience is key! wait for confirmations & ride the trend!
Target Short Term - We look to Buy at 171.59 (stop at 159.63) This stock has recently been in the news headlines. Price action has broken from the previous formation. A weaker opening is expected to challenge bullish resolve. Neckline support is 170.00. Further upside is expected although we prefer to set longs at our bespoke support levels at 170.00,...
Going into this and next week for a swing trade, I really like Target, especially on an earnings play. We have a nice continuation/ bullish trend on our linear regression channel, money momentum has been shifting higher over the past few days, along with a key EMA crossover to the upside, and we have our green middle band (indicating bull market momentum). We also...
$TGT has earnings coming up and a huge +20% gap to fill, which would be a +$35 move for this week to come or even leading into next week! Price has broken resistance and is making a bullish move to the upside to fill that gap it seems! Patience is key! wait for confirmations & ride the trend!
Bullish pattern towards $184/$204 gap filling target.
If you haven`t sold TGT at the previews earnings: Then looking at the TGT Target Corporation options chain, i would buy the $182.5 strike price calls with 2022-8-19 expiration date for about $2.93 premium. Looking forward to read your opinion about it.
Buy above $150 TGT-1-155 TGT-2-161 SL: 145 Sell Below $142 TGT-1-138 SL: 145 Always keep strict stop loss
Another earnings play.... One thing I noticed today is that they pumped retail. I think it's doing rangebound trading here so a short term opportunity. Earnings will suck, wage inflation will eat into their profits. Keep an eye on all of the big tankers from last quarter like TGT, etc. Plenty of room for them to do another huge gap down, just look at long...
Ichimoku R is near 510 and would be the bullish target Now rejecting at yellow trendline that used to act as some support 380 PT
After Earnings Report and the massive sell-off, TGT spent the last few days in a sideways consolidation (rectangle) - One of my favorite setups. Upside case: Above the top of the rectangle (155.81) I would go long targeting 161.50 Downside case: Below 150.95 I would go short targeting 146. I am treating every trade as a scalp and I have not been holding any...
TGT (Target), consumer defensive play crashing on bad earnings and inflation concerns.... Weekly chart. Now oversold. Can we go lower? Here are the levels I'm watching to enter: - 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level. -...