Tidal_0BX

TGT bearish back down into channel

Kort
Tidal_0BX Uppdaterad   
NYSE:TGT   Target Corporation
Target has been a consistent winner for a while now
Can't see it being chased too much higher...though it's of course possible
That's why I'm gonna scale into some June puts and average in while waiting for a turn back down into the makeshift channel we broke above today
I've had some success recently on these type of plays, looking to keep it going with TGT
Kommentera:
This damn trade!
I attempted to close this trade when we broke below 224
But I missed the fill
so still in it and not thrilled about it
sometimes you gotta take smaller than anticipated profits and then re-establish at better prices. I missed that chance
Kommentera:
I'm still in this but it ended up being a total trainwreck.
Stock Stayed in between 226-228, def should of been a short call spread play if i wanted to lean bearish
See where it ends up today
looking to exit
Kommentera:
It didn't end well
Final nail in the coffin was UBS upgrade sending TGT +$5 & then the next day TGT raise Dividend
That's not fishy at all lol
On to the next
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