TGT: The best is yet to comeThree white soldiers candlestick formation seen, signifying the end of the correction. The market then sold off, but the losses were almost immediately recovered the next day, showing that there is still further momentum for this stock despite the large price movement. Additionally, TGT's earnings reports were spectacular this quarter, showing robustness past the pandemic phase. A worthy investment/swing trade!
TGTC trade ideas
IRON TARIHi guys,
according to my strategy we have 4weeks 15% strikes, 91% probability of success.
For this Iron condor with 5$ spread for each side there is a max profit of 55$ and a max loss 445$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 91% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 445$.
IV is too low to trade a strangle, even the odds are so great!
Enjoy your wallet!
Tari.
$TGT with a bullish outlook following its earning release After a positive under reaction following its earning release with the PEAD projecting a bullish outlook placing the stock in Drift A
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