Maximize Returns with AI-Powered TGT Trading Strategies


TGT Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: Target (TGT) is showing signs of stabilizing with a favorable call volume and lower volatility projections, indicating potential upward price movement, especially during holiday sales with increasing consumer demand.



Bearish Case: With high implied volatility and ongoing economic uncertainties, TGT could face pressure from reduced consumer spending, particularly if recessionary signs worsen, impacting margins and revenue negatively.



Potential Outcomes:

1. (40%) Strong holiday sales boost TGT stock;

2. (30%) Continued economic uncertainty leads to reduced consumer spending;

3. (15%) Supply chain disruptions worsen, impacting inventory;

4. (15%) Positive earnings surprise boosts confidence.



Trading Oracle: Sign Up to access trading oracle trade ideas.


November 02, 2024











Correlated Assets

Assets that tend to move strongly with TGT


TRMB Forecast + Options Trading Strategies   TRMB  Trimble (0.82)


IOVA Forecast + Options Trading Strategies   IOVA  Iovance Biotherapeutics (0.81)


H Forecast + Options Trading Strategies   H  Hyatt Hotels (0.79)


AME Forecast + Options Trading Strategies   AME  Ametek (0.79)


MAX Forecast + Options Trading Strategies   MAX  MediaAlpha (0.79)



Uncorrelated Assets

Assets with little price relationship to TGT


AMGN Forecast + Options Trading Strategies   AMGN  AMGEN (-0.0)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.0)


CTSH Forecast + Options Trading Strategies   CTSH  Cognizant Technology (0.01)


SBSW Forecast + Options Trading Strategies   SBSW  Sibanye Stillwater (0.01)


BYND Forecast + Options Trading Strategies   BYND  Beyond Meat (0.01)



Anticorrelated Assets

Assets that tend to move strongly against TGT


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.65)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.67)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.7)


MANU Forecast + Options Trading Strategies   MANU  Manchester United Plc. (-0.72)


NARI Forecast + Options Trading Strategies   NARI  Inari Medical (-0.74)







Become a more profitable investor with AI optimized trading strategies





×

Chat with TGT


 Ask any question about TGT!