$TGT - WATCHLIST -
Added 2024-07-12 17:05:50 +0000 UTCI started my first position in $TGT today for a number of reasons, one of the big ones is that I have been waiting since the pull back in March '24 to add, since observing the V shape recovery since it started in October '23
Bullish signals:
Price held on the 200 Day MA
Price pulled back to in between the 0.5 Fib - 0.618 Fib, which is standard for a Wave 2 pull back
Breakout above the 50 Day MA today and the 0.38 Fib
Moving averages are squeezing, favouring a break to the upside
Fundamentals are strong
Potentially recession proof as savvy buyers move to $TGT over wholefoods during a recession etc.
RSI showing bullish move
MACD showing bullish trend
For these reasons, I started my first position, usually 5 reasons is more than enough but 8 is a clear buy for me.
I will add more aggressively once I see a breakout and hold above the 50 Day MA.
Comments
It is there
Gareth Neary
2024-07-12 21:27:41 +0000 UTCThanks. Added TGT as well.
DC
2024-07-12 21:27:20 +0000 UTCPlease add the buys/sells to the respective chat as I don’t follow the main chat. Too much “noise”. No cares for the crowd.
DC
2024-07-12 21:26:36 +0000 UTCI did that today and in the main group but I am seeing no reaction to it?....is it not seen on your side?
Gareth Neary
2024-07-12 17:20:12 +0000 UTCFriendly reminder to add the $TGT buy to the buy/sell announcements chat 😀
Joey Celona
2024-07-12 17:17:12 +0000 UTC
