Target Corp. (TGT) is the Stock of the Day at Real Money after the retailer released its fourth-quarter results here on Tuesday morning and reported that its comparable-store sales rose 1.5%, which was shy of the consensus expectation for an increasee of 2.1%. Let's check out the latest charts and indicators for Target.
More from Stocks
Even after last week's move higher and Monday's narrow range of movement, we can say it's going to be difficult to produce a 'V'-shaped setup like we had at the pandemic low in 2020.
I remain uncharacteristically bullish. Here's why.