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Target (TGT) is currently below its trading range and shows considerable weakness. TGT will recover in 2017 and reach a price target of $80/share. Long entry at 65 when TGT has shown a sign of reversal in current bearish trend. Will make for a 21% gain on the year if it can sustain that price point through 2017.
LMT is no doubt set to benefit from geopolitical factors including the likelihood of an expansion of the war in Iraq/Syria in an effort to quell ISIL along with escalating tensions in the south pacific ocean. An 8% gain in LMT from jan30 to mar30 is a conservative estimate but is made by taking into consideration previous gains. This tells me that further pullback...