Target extends gains - Analysis - 02-02-2023

Target Corporation's stock (TGT) kept rising in the intraday levels, with positive support from the 50-day SMA, amid the dominance of the upward correctional short-term wave, with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 183.90. 

Expected trend for today: Bullish