The Long Investor
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$TGT - WATCHLIST -
🕑 Added 2025-03-12 12:06:01 +0000 UTCIf $TGT was at this price at $113 at the start of the year it would have easily made my Top 10 list for 2025 but because it was struggling to find support it did not make it and the price was at $135 at that time.
But now, it is almost too low to ignore now.
Let's look at the facts:
Price is at $113, 200 WMA is at $170
Price is at the last Fib support level 0.887
5 Year low level is at $103
3 wave pull back
Fundamentals incredibly strong, (attached)
A Dividend king and +3.94%
In October 2023, we were also in this situation and the price jumped from $103 to $182 next in a perfect V shape recovery
Will likely perform well in a recession as people move to more price sensitive buying.
I have a position here but only 1 Buy in, so I would like to add here again once support is confirmed and I would expect a recovery and a move back up to the 200 WMA again.
