Learn to Evaluate Target (TGT) using the Charts
November 28, 2022, 20:45 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TGT
- Buy TGT slightly over 145.09 target 173.13 stop loss @ 144.67 Details
The technical summary data tells us to buy TGT near 145.09 with an upside target of 173.13. This data also tells us to set a stop loss @ 144.67 to protect against excessive loss in case the stock begins to move against the trade. 145.09 is the first level of support below 165.37 , and by rule, any test of support is a buy signal. In this case, support 145.09 is being tested, a buy signal would exist.
- Short TGT slightly under 173.13, target 145.09, stop loss @ 173.63 Details
The technical summary data is suggesting a short of TGT as it gets near 173.13 with a downside target of 145.09. We should have a stop loss in place at 173.63though. 173.13 is the first level of resistance above 165.37, and by rule, any test of resistance is a short signal. In this case, if resistance 173.13 is being tested, a short signal would exist.
Swing Trading Plans for TGT
- Buy TGT slightly over 167.63, target 173.13, Stop Loss @ 167.15 Details
If 167.63 begins to break higher, the technical summary data tells us to buy TGT just slightly over 167.63, with an upside target of 173.13. The data also tells us to set a stop loss @ 167.15 in case the stock turns against the trade. 167.63 is the first level of resistance above 165.37, and by rule, any break above resistance is a buy signal. In this case, 167.63, 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 167.63, target 152.65, Stop Loss @ 168.11. Details
The technical summary data is suggesting a short of TGT if it tests 167.63 with a downside target of 152.65. We should have a stop loss in place at 168.11 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, 167.63, 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 166.72, target 167.63, Stop Loss @ 166.33 Details
If 166.72 begins to break higher, the technical summary data tells us to buy TGT just slightly over 166.72, with an upside target of 167.63. The data also tells us to set a stop loss @ 166.33 in case the stock turns against the trade. 166.72 is the first level of resistance above 165.37, and by rule, any break above resistance is a buy signal. In this case, 166.72, 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 166.72, target 161.00, Stop Loss @ 167.11. Details
The technical summary data is suggesting a short of TGT if it tests 166.72 with a downside target of 161.00. We should have a stop loss in place at 167.11 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, 166.72, 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 November 28:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
118.02 |
| P2 |
161.00 |
152.65 |
145.09 |
| P3 |
166.72 |
167.63 |
173.13 |
AI Generated Signals for TGT
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Target (NYSE: TGT) report below can help you understand how to do this. The trading plans for TGT, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TGT:
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