190 4 6
Note the blue box highlighting the low-risk level to buy TGT             shares.

Nice 10% rally in TGT             from those levels just two months ago.

This level may be a decent enough area to exit this trade (now that I'm patting myself on the back here)


12:17AM EST 7/25/2014
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TGT is losing money big time. Go to any Target store and stores are empty. WMT and TGT both are not doing good. TGT Online sales down, Store sales down, TGT Canada down. Why will the stock go up?
timwest PaviAgrawal
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.
+1 Reply
Unfortunately, I waited for a pull back to the blue area at that time and I never got a chance to enter at risk ratio which my account size could digest. Well done Tim, and keep it up. I really enjoy and there to learn each time something new, and implement it. Kindly -- Hamed
+1 Reply
thanks for anlysis timwest
+1 Reply
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