TGT Rides Bullish EMAs Higher to $99.55
BullishTarget Corp (TGT) closed up 3.13% at $99.55 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($96.83) with a bullish stack. The 21-day EMA at $95.11 provides support.
Momentum
RSI at 68.1 is in neutral territory but trending lower. MACD is bullish (1.90 vs signal 1.77).
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.