Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Pavi, You can check their financials and see how they are doing. The market discounted their weakness from the credit-card hacking scandal by knocking down the price of TGT stock. It fell to such a low level that their profits yielded a healthy return considering the risk. Retail has already been soft through the spring and into summer and now with jobs picking back up (200K/month+) it can be a sign that retail will come back. It is all rotation out of some groups and into others. That is what a market is all about. The retailers had been sold and they became cheap.