Target Corporation - Trend Assessment

I do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity.

Arguments:

1. The price is consolidating above and near MA200 and longer ones.

2. Adjusted Supertrend (made by KivancOzbilgic) and adjusted to MA200 (SMA#5) with ATR Multiplier 1, 2 and 3.

3. Regarding Ichimoku Cloud: we have crossed Kumo red cloud and started consolidating above. We also should anticipate green cloud acting as support. Also note that Chikou Span is above price 200 days ago. Quite bullish.

3. ROC and Chaikin Money Flow: above zero line and confirming continuation.

4. BB Trend and BBT got into green zone.

5. Positive outlook on inflation and therefore FED's decision.

6. OBV: no indications of bearish divergence.

7. MACD and Squeeze Momentum Indicator: no indications of divergences.

It is just a trend assessment, so you do your own job constructing your trades around the trend if it is substantiated.