There is likely a near-term bottom in shares of Target Corporation (NYSE:TGT). The stock flushed early, then recovered to go positive. This formed a technical bottoming tail on the chart, a strong reversal signal. In addition, the $55 level on the stock chart is signifant support. Investors should be buyers today based on the bottoming tail formation. Upside in the stock is likely to $67.00.

Stock chart bottoming tail on Target Corporation says buy