Bullseye Bounce?Target Corporation is exhibiting signs of potential bullish momentum, with a notable weekly gap around the $100 level. The stock is currently trading near its 52-week low of $103.46, suggesting a possible rebound opportunity.
A breakout above the $120 level would confirm further strength, positioning the stock to target the $139.68 resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $98.12 to manage downside risk.
The Relative Strength Index (RSI) for TGT is currently at 23.12, indicating oversold conditions and a potential for a bounce.
This combination of technical indicators supports a bullish outlook for TGT, with a potential move toward the $139.68 resistance level.
NYSE:TGT
DYH trade ideas
Target | TGT | Long at $105.75Target NYSE:TGT
Strengths:
P/E: 11.82x
Earnings are forecast to grow 4.95% per year
Dividend: 4.24%
Better "value" compared to others (i.e. NYSE:WMT )
Insiders recently awarded options
May have double-bottomed (see weaknesses below...)
Weakness
Economic headwinds / recession concerns
Debt-to-equity: 1.09x (slightly high)
Several price gaps on the daily chart are open below the current price. If recession fears are valid and news to messages "tighter consumer spending", these gaps will likely be filled (all the way down to the GETTEX:50S ). One day these will be filled, but that would be a huge opportunity for long-term investors...
Thus, at $105.75, NYSE:TGT is in a personal buy zone.
Targets
$119.75
$137.00
$150.00
$TGT: Target Corporation – Retail Titan or Fading Star?(1/9)
Good evening, shoppers! 🌙 NYSE:TGT : Target Corporation – Retail Titan or Fading Star?
Target’s at $116 on March 4, 2025—is this a golden ticket or a clearance rack trap? Let’s unpack the cart and find out! 🔧
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 116 as of Mar 4, 2025 🤑
• Past Peek: Down 20% from $145.65 earlier this month 📉
• Sector Vibe: Retail’s feeling the squeeze, folks 🎮
It’s a bumpy ride, but deals might be hiding! 🛠️
(3/9) – MARKET POSITION 📈
• Market Cap: Roughly $53.15B (458.21M shares) 🏬
• Footprint: Around 1,950 stores, online sales popping 📡
• Trend: Brand loyalty high, but rivals are circling 🛡️
Still a heavyweight in the retail ring! 🏋️♀️
(4/9) – KEY DEVELOPMENTS 🔑
• Retail Scene: Spending’s tight, consumers picky 📅
• Digital Gains: E-commerce up, per past trends 🖥️
• Market Buzz: $116 hints at cautious buyers 🎤
Pivoting fast, but aisles are jammed! 🧭
(5/9) – RISKS IN FOCUS ⚠️
• Rivals: Walmart, Amazon playing hardball 🚨
• Economy: Inflation biting, tariffs looming 💸
• Swings: Retail stocks dance to a wild beat 🎶
Rough waters, but storms pass! 🌪️
(6/9) – SWOT: STRENGTHS 💥
• Name Value: Trendy goods, solid rep 💎
• Reach: 1,950+ stores, wide net 🗺️
• Online Edge: Digital sales climbing 📱
Loaded with ammo for the retail fight! 🔥
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES 🧐
• Weaknesses: $116 shows hesitation, margins tight 📋
• Opportunities: Push Target Circle, grow e-sales 🚀
Can it snag the prize or just scrape by? 🤷♂️
(8/9) – 📢Target’s $116, retail’s shaky—your call? 🗳️
• Bullish: $130+ soon, undervalued 🚀
• Neutral: Holding steady 🚬
• Bearish: $100 coming, trouble ahead 🕳️
Drop your vote below! 👇
(9/9) – FINAL TAKEAWAY 🎯
Target’s $116 price paints a shaky picture 📈, but its brand’s a rock 🌎. Swings are our playground—dips turn into DCA wins 💰. Buy low, aim high! Hit or miss?
Target Corporation (NYSE:TGT) To Report Earnings Before the BellTarget Corporation (NYSE: NYSE:TGT ) a company that operates as a general merchandise retailer in the United States is set to report earnings on Tuesday, March 4, 2025, before market open. In like of that manner, NYSE:TGT shares surge 2.27% in Tuesday's premarket trading.
With the 1-month low acting as a support point, in the case of a pullback the 1-month low seems strong enough to hold off sellers. With the RSI at 40, a bullish reversal could be feasible in the case of a favourable earnings outlook.
Financial Performance
In 2023, Target's revenue was $107.41 billion, a decrease of -1.57% compared to the previous year's $109.12 billion. Earnings were $4.14 billion, an increase of 48.85%.
Analyst Forecast
According to 31 analysts, the average rating for TGT stock is "Buy." The 12-month stock price forecast is $159.45, which is an increase of 32.04% from the latest price.
$TGT on Fresh food, fresh savingsDid you know that Target has been around since 1902? Founded by George Draper Dayton, the company has grown into a retail leader with a wide range of products. From fresh produce to dry groceries, dairy, and frozen items, Target has got you covered.
What's your favorite thing to buy at Target? Share with us in the comments!
TGT to $134My trading plan is very simple.
I buy or sell when:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zone at bottom of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under at bottom of Bollinger Band
Entry at $130.37
Target is $134 or channel top
Major Price Movement Incoming for TGT!Signalist has detected a precise pattern in NYSE:TGT trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on TGT’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
Still DCA on TargetStill DCA (dollar-cost-averaging) down on TGT as this is in my swing trade setup. Currently down around 9% on this position, but im still overall optimistic on Target as a company.
Will likely look at closing my position at a 10% gain, so will continue to invest and hold my cash in Target until that 10% ROI comes into play.
Aiming for Long-Term Gains with TGT: Time to Buy
- Key Insights: TGT is positioned to benefit from the ongoing bullish market
sentiment, particularly in the retail sector. The current price near $135.79
presents an opportunity for long positions. Investors should look for entry
points that align with support levels and be mindful of inflation impacts
that could influence consumer spending.
- Price Targets: Next week targets are set as follows: T1 at $141, T2 at $144.
For optimal risk management, stop levels are defined as S1 at $129 and S2 at
$123.
- Recent Performance: TGT has shown resilience amidst market fluctuations,
maintaining a stable price range as investors weigh broader economic
factors. The stock's performance reflects underlying consumer confidence and
sector strength, albeit tempered by inflation concerns.
- Expert Analysis: Market analysts maintain a bullish outlook for TGT,
predicting price appreciation as consumer behavior trends upwards. The
sentiment is buoyed by positive retail forecasts, but ongoing inflation and
Federal Reserve policies warrant caution in the longer term.
- News Impact: Recent discussions about consumer spending trends and the
upcoming holiday season are crucial for TGT. Potential impacts from the
Federal Reserve's interest rate decisions remain pivotal, as these factors
intertwine with TGT's growth potential and market performance.
Target Corporation (TGT) – Buy Opportunity Hello Traders! 👋
Today, we’re analyzing Target Corporation (NYSE: TGT) on the weekly timeframe. Using Elliott Wave theory, the chart outlines a potential roadmap for price movements, supported by Fibonacci retracements. Let's dive into the key observations:
Wave Count Analysis:
The chart appears to be completing a corrective ABC structure, with the current price action near the potential end of wave (C).
Wave (C) aligns closely with the 1.618 Fibonacci extension of wave (A), adding confluence to the idea of a reversal zone.
Key Levels:
Immediate Support: $102.65 (stop-loss zone) – A critical Fibonacci confluence area.
Primary Targets:
$155.94 – Near-term recovery target.
$197.06 – Mid-term resistance level at the 1.0 retracement.
$227.17 & $244.77 – Long-term bullish targets at the 1.382 and 1.618 extensions.
Scenario Expectation: 📌 If TGT finds support around $102.65, we anticipate a significant rebound, possibly aligning with broader market sentiment. ⚠️ However, a failure to hold $102.65 could open the door for a move toward the 1.382 Fib ($87.83).
Trading Plan:
Entry Zone: Between $100–$110 for optimal risk/reward.
Stop-Loss: Below $102.65.
Risk/Reward Consideration: Aiming for at least a 3:1 ratio.
This setup combines Fibonacci precision with Elliott Wave principles to provide a structured approach to this trading opportunity. As always, manage your risk and happy trading! 🚀
TGT | SHORTNYSE:TGT
Technical Analysis of Target Corporation (TGT)
Key Observations:
Current Price Action:
Price: $139.17
Recent Drop: -7.85 (-5.34%)
Support and Resistance Levels:
Immediate Support: $137.16 (Bearish Line)
Further Supports: $128.21 (Target Price 1), and $111.08 (Target Price 2)
Resistance: The price recently broke below a support level at around $141.23.
Trendlines:
The price has broken below a key upward trendline, indicating a potential shift from a bullish to a bearish trend.
Relative Strength Index (RSI):
Current RSI: 44.09
The RSI shows a decline, approaching the oversold zone, indicating increasing selling pressure.
Target Prices:
Target Price 1: $128.21
This level is the immediate support and a potential first target for any continued downward movement.
Target Price 2: $111.08
If the price breaks below the immediate support, the next target is around $111.08, a significant support level.
Summary:
Target Corporation (TGT) has experienced a significant drop, breaking below a key support level and its upward trendline. The next levels to watch are $137.16, $128.21, and $111.08. The RSI indicates potential for further declines if market conditions remain negative.
Bears Could Be Shopping at TargetTarget dropped sharply last month. Now, after a rebound, some traders may see further downside in the retailer.
The first pattern on today’s chart is the bearish gap on November 20 after earnings and revenue missed estimates. TGT stalled last week after retracing half the decline. That may suggest a downtrend is in place.
Second, prices are peaking around the same zone where they bottomed in August. Has old support become new resistance?
TGT has also tested its 21-day exponential moving average but remained below it.
Next, stochastics have hit an overbought condition.
Finally, the 50-, 100- and 200-day simple moving averages (SMAs) moved sideways near each other for about two months. But now they’re lining up and falling into order with the faster SMAs below the slower. That may suggest the longer-term trend has become more bearish.
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TGT upside set-up to the gap fill, or more downside ahead?TGT has a massive gap to fill to the upside after taking a fall from earnings. This could be a 3 rising valleys (bullish) pattern on the Daily chart. A hold of 132 can move up to 137, 140, 145, 148, 150 over the next month+. If TGT is weak, and loses 130, this invalidates the above idea for an upside move. A break of the trend line below can send TGT to 125.
$TGT - Possible reversalNYSE:TGT Looks like we might get a reversal. I am thinking of doubling down on this.
It looks like it has the potential to form an inverse head and shoulders pattern.
Currently, it is up against the POC volume resistance. If it can overcome it, it could launch to the $144 area. $144 will be a hard resistance. 👀
Liquidity displacement $1532 target to targetLiquidity created a great GAP kin order to take the previous bottom order left out. No major impacting news currently that could make market bearish with a small doble bottom and the floor of bearish flag formation with no actual waves of real flag.
Price prediction Target for Target $153 closure GAP to determine if the market should keep rising after.