TGT is testing a key weekly resistance level, the same zone it’s failed to clear since August.This week closed strong: highest weekly close since August and on increasing volume.
Price did reject intraday, but it’s knocking at the door. A retest of $95.84 is healthy and a solid spot to assess for continuation if it holds.
If price loses $95.84, a move back toward $93.24 becomes likely.
Calls over $98.25
Target → $100.36
Puts under $90.90
Targets → $90.56, $88.85
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.