PaperBozz

$TGT - Interesting play

Long
BATS:TGT   Target Corporation
TGT Target is interesting to me now. It has broken out of the descending wedge and is starting to break out of the inverse head and shoulder neckline.

It went through a consolidation period and just broke out of it last week.

A good entry point would be $142. An ideal entry would be around $133.

I think they learned a lesson about going woke.

Upside targets:
$153
$166
$180
$205

Downside risk:
$133

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