Target at post-earnings Support

2022年3月14日

Following the earnings rally Target stock TGT has pulled back to a 50% Retracement and also triggered a Spike Alert which can define the risk on this pullback. I like the trade to play back up to the post-earnings high and beyond for a long term position.

2022年3月17日

交易开始

TGT hit the 3 to 1 target before the close today. Will look to adjust into a long term position tomorrow.

2022年3月21日

交易结束：到达目标

5.61 to 1 reached at a major Resistance, plus a morning bearish spike, time to take profits.