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A Target (TGT) Update to Our Sept 10 Bullish Outlook


Target Corp. (TGT) has emerged from its 8-month rounder base/accumulation pattern, and has climbed to my initial upside target zone of 64.00-65.00, so far.

My optimal target zone is 67.20/60.

Only a decline that retraces today’s range, and breaks 63.20 will argue that TGT has put in a meaningful near-term rally peak.

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