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PaperBozz
Feb 11, 2024 6:21 PM

$TGT - Interesting play Long

Target CorporationNYSE

Description

NYSE:TGT Target is interesting to me now. It has broken out of the descending wedge and is starting to break out of the inverse head and shoulder neckline.

It went through a consolidation period and just broke out of it last week.

A good entry point would be $142. An ideal entry would be around $133.

I think they learned a lesson about going woke.

Upside targets:
$153
$166
$180
$205

Downside risk:
$133
Comments
mattlbrown
I really like the 166 price target. What do you see short term?
PaperBozz
mattlbrown
@PaperBozz thats what I have too! It may fall back down a little once touching, but I think we see 165-170 maybe after earnings then fall to retest 155
TORNADOF5
what you think ? entry point LoL
PaperBozz
@TORNADOF5, If you think it's good, go for it.
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