Target Calls $100 CallsTarget CorporationBATS:TGTHelloUsTGT Technical Breakdown — August 1st Target (TGT) remains within a well-defined ascending channel that began forming around April 9th, showing a consistent pattern of higher highs and higher lows. Today, price action has touched the lower trendline support of this channel near $99.50, which also coincides with a key psychological level. While this area has historically attracted buyers, yesterday’s post-earnings reaction, which saw the stock fall several points, raises major concern about potential bearish sentiment in the short term. This makes the next move crucial. Trade Plan & Critical Levels 🔎 Entry Trigger: I’m not entering yet. My entry will only be considered at $100.55, and even then, only if the price breaks this level with conviction — specifically, I want to see a strong bullish "power candle" to validate buyer momentum. 🛑 Stop Loss: $97.50 — just below the current trendline and a key invalidation point for this bullish structure. 📈 Targets Upon Confirmation: $103.63 $105.00 $107.00 $108.73 Summary The structure is still bullish, but yesterday’s earnings-driven drop introduces caution. $100.41–$100.55 remains the "must-break" zone. If bulls can clear this level with strength, momentum could carry the stock to the above targets. Otherwise, failure to hold the $99.50 support could see a breakdown toward the $97.50 area or lower.