Like I said earlier, $TGT is high on my watchlist right now
So far we have a strong bounce from the 0.618 Fib at $133 to the 200 Day MA and we have a rejection at this level today which is a good sign
We may get the subwave 2 pull back now, so I have added in the white fib levels to show where support can come
As always, we want to see a hold between the 0.5 Fib and 0.618 Fib, so between $140 - $138 next
And a pull back in 3 waves.
Once we see support at these levels, we can add our second buy.
Earnings report is out on Weds before the market opens.