A Couple of Charts and Thoughts on $TGT

First, I’d like to look at the long-term daily view for $TGT. The RSI confirmed all the way up, leading me to believe it was a third wave advance. I suspect (but do not know) that it may go to the 3.618 extension before a large correction, just based on the sheer scale of the whole last few years’ structure. Also note that this little pullback has completely reset the RSI making it nearly oversold at these levels on a few occasions. ha. That RSI reset makes me think it has more room to run, so let’s zoom in a bit to see what we see there.

TGT

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