Target Bullish Moving Average Crossover Alert (TGT)
Friday, March 19, 2010 - 14:26
Written on Fri, 03/19/2010 - 2:26pm
By Chip Brian

Today, shares of Target (NYSE:TGT) have crossed bullishly above their 10-day moving average of $53.12 on volume of 3 million shares.
This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.
SmarTrend issued an Uptrend Alert for Target on December 21, 2009 at $48.78. In approximately 3 months, Target has returned 9.1% as of today's recent price of $53.20.
We will continue to monitor TGT's share price relative to this moving average.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): TGT

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