Posted on 08/17/2023 5:51:04 AM PDT by cotton1706
Target's closing price yesterday was $128.75.
It's lowest recent low was $126.99 on June 9th.
It hadn't been this low since July 31st 2020 ($125.88).
If stock prices drop below $126.99, expect to see a selloff in the downward direction, as stock-chart buyers and sellers are triggered.
The same with Anheuser Busch
It's most recent low was $53.40 on 5/31/23.
It hadn't been that low since 11/9/22 ($52.11)
If BUD stocks drop below $53.40, expect to see a selloff downward.
Both of their stocks rallied and evened out for a while but I expect to see selloffs VERY soon.
https://www.google.com/finance/quote/BUD:NYSE?window=1Y
https://www.google.com/finance/quote/TGT:NYSE?window=5Y
I think that Targay may be more vulnerable than A-B. They do not have other brands to soak up the slack
There is firm technical support for these stocks at $0.00
Doing business with these companies can easily be avoided.
I read some garbage yesterday from some idiot in Germany reporting that Anheuser-Busch is already bouncing back and Modelo and Heineken’s numbers were starting to go down again.
Be aware that mutual funds and ETFs allow the powerful to direct the money invested into them.
Be also aware that the stock market will crash if civil war breaks out.
“Be also aware that the stock market will crash if civil war breaks out.”
Thirteen percent of the U.S. population has been told they are entitled to a payment of $5 million each. This has been officially documented to the satisfaction of the thirteen percent.
I expect trouble if the money is not paid.
I expect trouble if the money is paid.
Target loss is TJX gain - TJX runs TJ Max, Home Goods, Marshalls
Over last quarter have gained 6% in sales , back to school shopping is coming now expect them to pick up even more
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