SamSuka
The Long Investor
The Long Investor

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$TGT

$TGT is following $WMT, $AMZN and $SHOP up in the PM now after $WMT reported no weakness in consumer spending....unlike $AMZNs earnings report where they did report a weakness

$TGT is up +5.5% in the PM now and this too is making its way up to the 200 Day MA but will have to negotiate with the 50 Day MA first at $145

We do have 1 buy in here already and the next buy will be made at a higher low after a pull back or after the 200 Day MA has been converted to a support level.

$TGT

Comments

If you have no started a position already, I believe a first buy is acceptable here

Gareth Neary

but it has found support on the 0.618 fib and made higher lows over the last few days. Is that not enough confirmation to buy?

Tejas


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