TGT (Target), consumer defensive play crashing on bad earnings and inflation concerns....
Weekly chart.
Now oversold. Can we go lower?
Here are the levels I'm watching to enter:
- 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level.
- 90-82: is the second zone of interest I'm watching. If we reach this zone I'll buy stocks as a long term investment.
Trade safe.
Weekly chart.
Now oversold. Can we go lower?
Here are the levels I'm watching to enter:
- 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level.
- 90-82: is the second zone of interest I'm watching. If we reach this zone I'll buy stocks as a long term investment.
Trade safe.