TGT trade ideas
Why are you holding? When rumors are talking about JP going to make a speech.. a correction coming... you may think BUY MORE, too. But I am caution with anything with a GAP. It has to be filled sometime. And when technical indicators are giving some messages... take some profits is not a bad thing to yourself.
GL! NO FOMO, play more next time.
Oops I didn't post this. But worth to read below! This market is insane for retail shoppers. This stock is just playing fib extension. If you don't know what fib extension is, look it up. It has played out well for me.
M I taking profit? yes. I am taking it according to SPX500 :D My enter price is 133.80 (same time when I also bought Walmart $WMT)
I did not have time to share this stock since I am back to my full-time job (Speech therapist)... I miss the market!
However, it's time to sit the money and play as smart as I could!
Profit still on the way and also set stop My blue flag is the target price I'll sell since it finishes it's Fib extension move.
Just incase anything tumbles, I also set a stop below it... I don't know if you'll see my alarm sign.
No FOMO. guys. trade tight and scalp is what u can do when SPX is still under 3393!
TGT Potential BreakoutTGT is testing its highs with an inverse head and shoulders and ascending triangle. WIth a break out confirmed on a close, the top of the ascending channel it is in, the measured move of the ascending triangle, and fib extensions all together give profit taking areas as well as reasonable stops. TGT does not report earnings until August 11th. Unfortunately, this trade setup gets no help from the oscillators.