SamSuka
The Long Investor
The Long Investor

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$TGT - WATCHLIST -

$TGT continues to be on my radar and has so far identified that the blue line at $103 is a support level, we do have a higher low but no higher high just yet, this would come with a break above $108.8

I believe $TGT is both fundamentally and technically undervalued here too, so once support is confirmed and the start of a new impulse wave is formed then I believe this is a great opportunity.

I would also expect a return to $140 at 200 Day MA too from this move.

Dividend is +4.2% which should not be ignored.

$TGT - WATCHLIST -

Comments

Would you consider it a safe heaven?

Bill Reg

Would the break above $108.80 need to be on a daily close or is it fine intraday at any instant? Sorry, trying to better understand when a higher high has been made from a conceptual standpoint. Apologies if I'm missing it in the learning center.

Taylor D


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