$TGT - POSSIBLE SAFE HAVEN -
Added 2024-06-22 10:49:48 +0000 UTCFinished the week with a nice bounce on the 200 Day MA and on the 0.5 Fib which we are seeing a lot lately.
If this continues to hold above this level, this is a very nice set up with Wave 2 complete and starting Wave 3 next.
Remember $TGT did not follow the market up in Wave 5, it declined to $102 in Oct '23, so there is a disconnect here due to their own policies which have presented an opportunity here.
I believe if $TGT can recapture its 50 Day MA next at $150, the next move up can go to $181.
Comments
i bounced off nicely at 140
Jedi
2024-06-24 01:08:30 +0000 UTC
