When the Price of Target $TGT Talks, People Listen

April 12, 2023, 16:15 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TGT

• Buy TGT slightly over 143.26 target 171.14 stop loss @ 142.85 Details

The technical summary data tells us to buy TGT near 143.26 with an upside target of 171.14. This data also tells us to set a stop loss @ 142.85 to protect against excessive loss in case the stock begins to move against the trade. 143.26 is the first level of support below 163.75 , and by rule, any test of support is a buy signal. In this case, support 143.26 is being tested, a buy signal would exist.

• Short TGT slightly under 171.14, target 143.26, stop loss @ 171.63 Details

The technical summary data is suggesting a short of TGT as it gets near 171.14 with a downside target of 143.26. We should have a stop loss in place at 171.63though. 171.14 is the first level of resistance above 163.75, and by rule, any test of resistance is a short signal. In this case, if resistance 171.14 is being tested, a short signal would exist.

Swing Trading Plans for TGT

• Buy TGT slightly over 166.73, target 171.14, Stop Loss @ 166.25 Details

If 166.73 begins to break higher, the technical summary data tells us to buy TGT just slightly over 166.73, with an upside target of 171.14. The data also tells us to set a stop loss @ 166.25 in case the stock turns against the trade. 166.73 is the first level of resistance above 163.75, and by rule, any break above resistance is a buy signal. In this case, 166.73, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short TGT slightly near 166.73, target 143.26, Stop Loss @ 167.21. Details

The technical summary data is suggesting a short of TGT if it tests 166.73 with a downside target of 143.26. We should have a stop loss in place at 167.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 166.73, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for TGT

• Buy TGT slightly over 166.73, target 167.06, Stop Loss @ 166.34 Details

If 166.73 begins to break higher, the technical summary data tells us to buy TGT just slightly over 166.73, with an upside target of 167.06. The data also tells us to set a stop loss @ 166.34 in case the stock turns against the trade. 166.73 is the first level of resistance above 163.75, and by rule, any break above resistance is a buy signal. In this case, 166.73, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short TGT slightly near 166.73, target 143.26, Stop Loss @ 167.12. Details

The technical summary data is suggesting a short of TGT if it tests 166.73 with a downside target of 143.26. We should have a stop loss in place at 167.12 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 166.73, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Target (TGT) available here: TGT.

TGT Ratings for April 12:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	116.40
P2	167.06	166.73	143.26
P3	171.25	171.82	171.14

AI Generated Signals for TGT

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Target (NYSE: TGT) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for TGT can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.