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luckysavvytrader
Feb 25, 2021 5:56 PM

If trend breaks down, watch the GAP that needs to be filled Short

Target CorporationNYSE

Description

Just pure TA strategy. GL trading!
Comments
Bearypatch
I think its still at the bottom of the channel, was thinking about playing some options for possible earnings run next two days, tight stop loss though, if it breaks down then puts would be a good play
luckysavvytrader
@tradinghandhall, Use smaller time frames to watch for break out.. I agree from all above!
luckysavvytrader
@tradinghandhall, this break down is good indication of overall smart money shifting to other areas
Bearypatch
@luckysavvytrader, I played it on the1st for decent profit, I never hold into earnings call but that sell off was just crazy, especially watching all that volume come in buying it up at open then 10am it sold off. Wish I picked up puts but didn't
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