StockBoardAsset

GANN 1/1 Violated!, Rule of Migration 2x1 Signals Liquidation.

Short
NYSE:TGT   Target Corporation
DIRE WARNING FOR TARGET

The Oh-Shit moment is present in Target <TGT> on a monthly basis for two reasons. First, the auction has rejected new highs and is starting to clear under 2008 prices. Second, starting on the 2009 low on a non-log squared chart a GANN fan depicts a 1/1 break signaling a rule of migration to the 2×1 is on the horizon. Is Target alluding that the consumer is not alright despite record high sentiment polls?

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.