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Watch for Shares of Target Corp (TGT) to Approach Resistance at $233.58

Jun 08, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Target Corp (NYSE:TGT) opened today above their pivot of $231.31 and have already reached the first level of resistance at $232.24. Analysts will be watching for a cross of the next upside pivot targets of $233.58 and $235.85.

In the past 52 weeks, Target Corp share prices have been bracketed by a current low of $0.00 and a high of $232.66 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.2%.

Potential upside of 0.0% exists for Target Corp, based on a current level of $0.00 and analysts' average consensus price target of $75.56. Target Corp shares should first meet resistance at the 200-day moving average (MA) of $181.24 and find additional resistance at the 50-day MA of $211.67.

SmarTrend is tracking the current trend status for Target Corp and will alert subscribers who have TGT in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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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.MySmarTrend.com

comtex tracking

COMTEX_387988535/2476/2021-06-08T09:43:22

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