Target shortGeneral idea of the play.
Short red. profit take orange. If break above red, red becomes green.
Long green/profit take. Will most likey not take bigger positions untill lower greens are hit.
65-71 range like big long rocket zone.
DYH 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.
TGT Bearish IMO -Not Trading Advice-I drew this line & arrow yesterday, it's lining up perfectly. About to fizzle in my opinion.
Not trading advice.
TGT
$TGT PT $150-160Following earnings on Walmart, a good report from target should propel the stock to around $155. It broke the CH. Robnihood traders have already started picking this one up.
$TGT Bring pullback for bears$TGT Opened with ~12% gap up RSI 88 daily ~80 weekly, Cramer pushed up , Good earnings report, without any pullback or somethink else . If tv say buy so you must sell . Lets see how it becomes tomorow.
As usual bear side .
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!
TGT - short for earningsI work for a major retailer, so while I can't speak to Targets earnings, I know we are struggling in Softlines, which is where the gross margin is. While sales may not be too bad, earnings likely should be.
I bought the 125 / 120 put spread for .27
Cup and Handle Rising Wedge Earnings BMOEarnings in am
I am not in this one. I would imagine they need to beat earnings big time to proceed. Perhaps I will catch it on the way down. Pull backs always happen
Not a recommendation
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!
seeing a great Trianlge on TGT. Will enter long long plays seeing a great Trianlge on TGT. Will enter long long plays after Break of the Triangle
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.
TGT Strong Bull Flag TGT is setting up for a move higher. Strong Bull Flag sitting just under defined resistance. Friday it tried to breakout but couldn't sustain the move and fell back into pattern. I will look for an entry this week through the 124 - 124.50 level on strong volume.
$TGT Bull FlagAnother Nice Bull Flag - looking for breakout here to retest all time highs at $130 as possible earnings run-up.
TGT Possible Breakout to 130!Hi looking at this nice setup for a TGT move from 124.08 to 130.00! No roadblocks in the way!
Double Bottom and Bullish Divergence on TGTAs you can see, the price action is contained within a descending broadening wedge at the moment, which has appeared to have found a double bottom, with Class A Bullish Divergence on the MACD and Class B Bullish Divergence on the RSI. From my entry point at $92.84, if the trade reaches the 382 fib retracement, that would be a 9.23% gain. If it reaches Dow's 50% retracement, then it will be 12.83%, and if it goes so high as to reach the top of the descending broadening wedge where it will run into the 618 Golden Zone as well as the 200 and 50 day moving averages as resistance, I will see a profit of 16.44%.
It's worth noting that bullish divergence is not as reliable in a bear trend.
None of this is financial advice, and I am not employed or affiliated with Apollo Trading in any way. I am, however, interested in hearing critiques and criticisms of this idea.
