Error
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1

New York, September 17th (TradersHuddle.com) - Shares of Target Corporation (NYSE:TGT) are trading very close to calculated resistance at $64.99. The stock ended the trading session at just $64.67, which is near levels that make it difficult to buy or start a position.

Target Corporation (NYSE:TGT) operates general merchandise discount stores in the United States. The Minneapolis, Minnesota company operates general merchandise and food discount stores and a fully integrated online business.

Target's stock range is defined by its calculated support defined at $54.95 and by the resistance level at $64.99; the stock is clearly over-extended from support, making it harder for participants to establish fresh longs.

Traders don't have a clear entry point for Target. However, as the stock pulls back towards $54.95 it will definitely provide a reference point to establish a trade. On the other hand, if the stock breaks above its resistance level at $64.99 then traders will get an opportunity to enter the stock as it moves to a higher range.

TradersHuddle Search

Stock Search:


Site Search:

Loading

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 18,096.90 ▼106.47 (-0.58%)
o S&P 500 2,098.53 ▼9.25 (-0.44%)
o NASDAQ 4,967.14 ▼12.76 (-0.26%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:18,096.90 Trade time:4:35PM EST Value change:▼106.47 (-0.58%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,098.53 Trade time:4:35PM EST Value change:▼9.25 (-0.44%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,967.14 Trade time:5:15PM EST Value change:▼12.76 (-0.26%)
Copyright © 2013 TradersHuddle.com. All Rights Reserved.