TGT LONG
Updated
A little more risky of a play, earnings coming up,. Target is set to report its third-quarter results on Wednesday morning, with the market eagerly anticipating insights into U.S. consumer spending ahead of the holiday shopping season. Analysts remain optimistic about Target’s stock, with 10 out of 16 tracked by Visible Alpha holding "buy" ratings and nearly all setting price targets above the current stock price. Sales and profits are expected to show modest year-over-year growth, as Target has focused on lowering prices to attract back customers who were cautious earlier this year due to inflation concerns.
Already have first wedge breakout, 170 target still, second wedge I think will break out after tomorrow.. 168 target, tomorrow economic data / dealer weakness end should have market back in gear.
Already have first wedge breakout, 170 target still, second wedge I think will break out after tomorrow.. 168 target, tomorrow economic data / dealer weakness end should have market back in gear.
Trade closed: stop reached
Wow target missed by a lot.
I played a lotto size, so no worries.
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