$TGT is now deep into the Buy Zone now and has not held the blue support line which held in 2023 at $102
The next support line for us is on the 0.78 Fib at $77 and this Fib level is taken from the GFC low in 2009 and the high in 2021, making this a full cycle corrective support level
We are seeing this on $NKE, $EL, $INTC, $DIS and now on $TGT
Meaning these are stocks that were sector leaders and well into their 1929 stock crash levels.
And also offer incredible value when support is found
How much would we love if many of the Mega Stocks fell down this low
DiegoTheSabre17
2025-04-11 17:46:27 +0000 UTC