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ALERT: Stock Chart Breakout On $TGT

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Shares of Target Corporation (NYSE:TGT) just broke out of a bullish consolidation pattern on the daily stock chart. This is a big deal because there is significant upside for investors. The current price is $66.23 and the near-term price target is $71.00. Target Corporation has been hit with the whole retail sector on slowing sales. However, the chart setup tells investors the stock is oversold and ready to bounce sharply. I am a buyer on Target here.

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Stock market bullish chart breakout on Target Corporation


This article was written by Jenny Rebekka for https://verifiedinvesting.com on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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