Let us talk about the four reasons offered up for what looks and smells an awful lot like poor execution.
The bears already were in control of the iconic retailer's shares even before it posted a third-quarter revenue miss.
TGT trounced earnings this quarter, but pay close attention to this key report on Jan. 15.
Let's see what the charts are up to now.
There is a very good chance that I end up long these shares prior to Black Friday. At least that's the plan.
The key is not where the stock closes today but where it closes this week.
Let's think about this and offer up some trade ideas.
A close below $230 would weaken its charts somewhat here on Tuesday, but breaking $216 in the coming days and weeks would be a big deal.
With Carl Icahn involved on both sides, we can expect him to lean heavily on both Boards to come to an agreement.
If tempted, don't forget HPQ will report the firm's fourth quarter performance next Tuesday.