Target Corporations stock price (TGT) edged lower in latest intraday trading as the price attempts to gather positive momentum to maintain the upward correctional trend in the short term, while leaning on the support of the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels, boosting the chances of gains.

Therefore we expect the price to gain ground and target the pivotal resistance of $103.00.

Todays price forecast: Bullish