SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Technical Analysis
- 11/19/2009 8:53:49 AM
By Chip Brian, SmarTrend Analytics Team
Target (NYSE:TGT) upgraded to Market Perform, $54 target, at BMO Capital. The stock closed yesterday at $47.87 on volume of 11,590,200 shares, above average daily volume of 8,117,550.
Target is currently above its 200-day moving average of $40.82 and should find resistance at its 50-day moving average of $48.78.
SmarTrend is bullish on shares of TGT and our subscribers received an Uptrend alert on July 23, 2009 at $41.78, which has returned 14.6% to date.
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html
|
