Shares of Target Corp (TGT) have rallied off their April 2020 low of $90.00. The retailer has seen its stock price surge through $120.00, trading at $121.66. This massive upswing on Target, in a sector that likely won’t get major shoppers going to stores is getting long in the tooth. In fact, a Target strong sell alert is nearing at the $125.00 level. This level represents a major gap fill resistance point as well as a retrace of the entire drop of 90% of the fall during the Covid-19 market panic.
As a swing trader, this Target strong sell is a no brainer shorting opportunity for a quick pull back of 10% in the stock. A retrace to $113.00 is a high reward, low risk technical stock chart setup.
A net gain of 899.12% through May 12th, 2020 is a reality for members of Verified Investing Alerts. For investors who are sick of losing money as the markets whip due to the COVID-19, swing trading technical chart setups using the PPT Methodology is easy and insanely profitable. Swing trading using these methods allows smart investors to jump in at key levels and out for 10%+ gains in days. Master Trader Gareth Soloway has guided his members, actively swing trading stocks, using key technical levels for multiple profits of 10% almost every day (yesterday 3 winners of over 10% each). With the action in the equity markets, members are getting multiple trades a day (on average). See the VERIFIED track record HERE (scroll down on the page). Gareth consults for hedge funds but still helps average investors swing trade. Members get exact entry prices, stops, targets and daily videos that analyze the market, stock and current positions. The second Master Trader Gareth Soloway buys/sells a stock, members get a text/email alert to get them in/out of the trade in seconds. Join today and profit for life!