The kind of pullback most traders wait for just showed up — not weakness, but controlled digestion inside a strong uptrend. Target Corp. (TGT) has been emerging as a clear leader within retail, recently breaking out to multiple new 52-week highs while maintaining a disciplined pattern of higher highs and higher lows. After briefly pushing into overbought territory above its upper Keltner Channel, the stock has since reset in an orderly fashion, drifting back into the Keltner “Buy Zone.” This type of rotation often signals that excess momentum has been worked off without damaging the underlying trend. In practical terms, it creates a more balanced entry point for those looking to align with an already established move.
We just unveiled the tool we’re using to spot trades in real time—👉 watch the replay now and see AutoStrike in action. 🎥

When a stock is already trending higher, the goal isn’t to overcomplicate things — it’s to find a smart way to participate without taking on outsized risk. One straightforward approach here is using a call option, which allows you to benefit if the stock keeps climbing, while your downside is capped at what you paid for the contract. In this case, TGT’s options are reasonably priced, so you’re not overpaying just to get exposure. There’s even a current setup where, if the stock were to rise 10% by expiration, the call could deliver around a 141.2% return — but that only happens if the stock actually follows through higher.
This is the type of clean, easy-to-understand setup I focus on in my Weekly Profit Opportunity Newsletter. Each week, I walk through my top idea like this and how I’m thinking about it in real time, with a $1 first-month trial available right now. While every strategy has losing setups from time to time, so far this year, 94% of these trade ideas have given members a chance to take profits, though there are always risks involved. Don’t wait, begin your trial today!
Wishing You the Best in Investing Success,

Blane Markham
Chief Trading Strategist
Have any questions? Email us at support@markhamtrading.com
*Trading incurs risk and some people lose money trading.

Recent Comments