(TGT) On The My Stocks Page

October 29, 2024, 15:00 pm ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TGT

• Buy TGT near 141.51 target 157.6 stop loss @ 141.1 Details

The technical summary data tells us to buy TGT near 141.51 with an upside target of 157.6. This data also tells us to set a stop loss @ 141.1 to protect against excessive loss in case the stock begins to move against the trade. 141.51 is the first level of support below 148.83 , and by rule, any test of support is a buy signal. In this case, support 141.51 would be being tested, so a buy signal would exist.

• Short TGT slightly under 157.6, target 141.51, stop loss @ 158.06 Details

The technical summary data is suggesting a short of TGT as it gets near 157.6 with a downside target of 141.51. We should have a stop loss in place at 158.06though. 157.6 is the first level of resistance above 148.83, and by rule, any test of resistance is a short signal. In this case, if resistance 157.6 is being tested, so a short signal would exist.

Swing Trading Plans for TGT

• Buy TGT slightly over 150.63, target 157.6, Stop Loss @ 150.19 Details

If 150.63 begins to break higher, the technical summary data tells us to buy TGT just slightly over 150.63, with an upside target of 157.6. The data also tells us to set a stop loss @ 150.19 in case the stock turns against the trade. 150.63 is the first level of resistance above 148.83, and by rule, any break above resistance is a buy signal. In this case, 150.63, 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 150.63, target 145.44, Stop Loss @ 151.07. Details

The technical summary data is suggesting a short of TGT if it tests 150.63 with a downside target of 145.44. We should have a stop loss in place at 151.07 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, 150.63, 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 150.63, target 152.7, Stop Loss @ 150.28 Details

If 150.63 begins to break higher, the technical summary data tells us to buy TGT just slightly over 150.63, with an upside target of 152.7. The data also tells us to set a stop loss @ 150.28 in case the stock turns against the trade. 150.63 is the first level of resistance above 148.83, and by rule, any break above resistance is a buy signal. In this case, 150.63, 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 150.63, target 145.44, Stop Loss @ 150.98. Details

The technical summary data is suggesting a short of TGT if it tests 150.63 with a downside target of 145.44. We should have a stop loss in place at 150.98 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, 150.63, 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.

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

TGT Ratings for October 29:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	141.51
P2	150.53	145.44	157.6
P3	152.7	150.63	173.85

AI Generated Signals for TGT

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Trading or Investing in Target Corporation (NYSE: TGT) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for TGT change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if TGT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for TGT too.  All of these are offered below the Summary Table.