Target Corporation (TGT) stock price continued to rise in its latest intraday trading, benefiting from the dominance of the short-term upward trend while moving alongside a trend line supporting this path. The stock is also supported by positive signals from the Stochastic indicators despite reaching overbought levels. In addition, it continues to benefit from positive pressure generated by trading above its 50-day SMA, which provides a support base that reinforces the strength of this bullish trend.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $123.80 support level, targeting the key resistance level at $133.10, with potential for a breakout above it.

Todays price forecast: Bullish.