Home Sectors Consumer Chart of the Day: Target Could Be Breaking a Triangle

Chart of the Day: Target Could Be Breaking a Triangle

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September 22, 2022

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Target gapped lower on weak earnings four months ago. Now it may be showing signs of the bearish trend continuing.

The main pattern on the retailer is a converging squeeze between the 50-day moving average and the 100-day moving average . This has produced …

For more, please click here to view the related idea and chart analysis on TradingView.

Target (TGT), *daily chart with selected patterns and indicators, courtesy of TradingView*.

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