Target Corporation (NYSE:TGT) reported earnings that disappointed investors today. The stock is taking a huge beating, trading at $70.21, -5.27 (-6.98%). While investors are running scared, smart traders are scoping out buy levels for a major bounce. The chart dictates a huge bounce level if the stock falls into $67.00. I will be waiting patiently to buy for a swing trade there.
With $TGT getting crushed on earnings, here is my trade on it:
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