The Long Investor
patreon
$TGT - WATCHLIST -
🕑 Added 2025-03-14 17:40:36 +0000 UTC$TGT has now managed to come down to its Covid support low, which was also the 2023 low too.
This is where bulls want to see support held again, or at the very least a consolidation phase along the $102 level to build up strength again.
If we see a consolidation or the start of an impulse wave again, meaning higher highs and higher lows, then I would expect a move back up to the $182 level again, which would imply a +80% bounce.
This is worth watching closely as their fundamentals are quite strong and a a 5 year low level.
Comments
JK
Adleast where I live (Not U.S) they have closed nearly all of their stores... I'd be cautious with this one
Gecko
$NKE is in similar spot with COVID lows and monthly 200MA coming in around the $60-$65 level
Victor
🚀
Gecko
~$93-95 is 1) log .618 from Jun '17 lows, 2) monthly 200MA, 3) COVID lows
Bullpao
Is it normal for the b wave to be so tight compared to other waves from a timespan perspective
Victor
$10 away from its 200 month moving average… it has only ever touched it 2 times in the past which were followed by aggressive moves up!
