There are two potential bullish signals that can be found in TGT. They are flag pattern and MACD bullish crossover.
Firstly, the candle stick shows that it is a flag pattern, which the price surged around 20% previously, and then create a channel afterward.
According to the diagram, the channel is apparently shown and established. There is a potential to break through.
Under my prediction,once the break-through (approximately $111) happens, it is a BUY signal and the target price will be $128.
Meanwhile, we can also take a look at the MACD indicator. It is clear to see that MACD has a great potential to cross which is a bullish crossover.
It is necessary to wait for a confirmation. Once the signal confirms, it is a BUY signal.
Firstly, the candle stick shows that it is a flag pattern, which the price surged around 20% previously, and then create a channel afterward.
According to the diagram, the channel is apparently shown and established. There is a potential to break through.
Under my prediction,once the break-through (approximately $111) happens, it is a BUY signal and the target price will be $128.
Meanwhile, we can also take a look at the MACD indicator. It is clear to see that MACD has a great potential to cross which is a bullish crossover.
It is necessary to wait for a confirmation. Once the signal confirms, it is a BUY signal.