TARGET DA TARGETHoliday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target.
TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support level either @ $52 or $47 range. A good target to buy would be sub $10
Bestbuy
WAL-MART plungin nextWMT Wal-Mart made their high in 2015 and ever since it's going down. More problems will surface with this company as more days pass by. But there are only 3 Green support lines @ work 1997, 1987, 1982. Probably the next good support is area of $50-$45. Then when it breaks it is possible to re-visit $5 area for ultimate buy zone. With the time line analysis it may take some time to plunge around 2024 or before.
Retail markets all around the US are doing almost the same though.
Is BBY a good deal?Update from my previous post. Looks like BBY is rallying and will continue to possibly around the $36 PT. Expecting this to hit max PT of $37.50. Searching for conformation of rally continuation such as a test of support, probably around the inner declining dotted line or at the previous high resistance of ~$35. So temporary long until otherwise.