SamSuka
The Long Investor
The Long Investor

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$TGT

Undervalued positions do not stay undervalued for long

Eventually the market finds them and buys.

$TGT smashed their earnings with a small blemish that guidance will not be as strong towards the end of the year, regardless, up +14% now in the PM.

I have one buy in here already with an average of $144, so I am happy with the +14% jump this morning and will wait for the pull back to add again.

We are likely starting Wave 3 now, so this bounce now will only be subwave 1 of Wave 3, so there will be a subwave 2 pull back

If you did not buy before earnings then I suggest waiting for your entry, when I see the start of a pull back, I will add the standard pull back Fib levels

The 50 WMA at $144 will not be too far from where our target will be

$TGT

Comments

My avg is 144 as well. 🔥

Brian


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