18.11.2015 - We expect the drop in shares of Target

Price of Target Corporation showed a strong decline today and has broken through two important sloping support lines, which is a signal for the continuation of further downward movement of quotations with the targets at 62.50 and 55.50. Within the correction quotations can return to the level of 70.00, but more likely the downside momentum will continue in the near future and in the medium term. We recommend to open short positions.

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