Target Chart Look

Target Corporation

The above Chart, clicking on the link will show it, appears to be an extension short play after results were announced.

Starting with the $79.50 highs, SOMEONE KNEW already that things were not going well and we can clearly see the shorting that has occurred in Target, as we moved to:

69.99 lows to lows EXT SHORT, drawn down to 62.94.

THE HUGE ENGULFING CANDLE HELD the 61.8% line, nearly to the tick. INCREDIBLE sometimes when we think that there are probably Algo Trades on EVERYTHING< ALL OF THE STOCKS, commodities, and so on (futures, as we know already).

THE ROBOTS ARE IN CHARGE and we know about them.

DJ