SamSuka
The Long Investor
The Long Investor

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$TGT - EARNINGS JUST OUT -

$TGT earnings have just been released and it is a miss here and finally gives us a Wave 2 pull back, after Wave 1 jumped from $102 to $181.

I have added in the impulse wave here to show us where I expect this to move over the next 18 months.

PM is showing a -6.5% drop, so we are well on our way into Wave 2 now.

Between the 0.5 - 0.618 Fib is our area of interest now, where the 200 Day MA sits in between these Fibs levels.

Fundamentals are still strong here and a FWD PE of 14

So this is worth considering when Wave 2 completes.

$TGT - EARNINGS JUST OUT -

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