Earnings are out shortly and the price has been holding on the 0.618 Fib now at $133 for 7 sessions, market is giving $TGT every opportunity to move higher ONCE the earnings come in positive with no concerns.
The set up is there
The 0.618 Fib has held for a reason
It is the standard pull back level to hold at and we are seeing this on an enormous amount of charts lately.
An earnings miss and the 0.78 Fib at $119 is possible
That being said, $ONON had a double miss yesterday and moved higher as their Yearly growth figures have been strong