TGT versus GOOG
Target & Google
These two stocks have mirrored each other for 7 years so far with just a few instances where GOOG outperformed and then corrected sharply back down to TGT.
This time, I'll imagine that TGT can ramp up to catch UP to GOOG.
Therefore, buy TGT and sell short GOOG each day for the next 5 days. Build the position slowly as GOOG has strong price momentum.
Cheers.
Tim Feb 1, 2013 2:50PM EST
TGT 61.20 +0.79
GOOG 772.26 +16.57
These two stocks have mirrored each other for 7 years so far with just a few instances where GOOG outperformed and then corrected sharply back down to TGT.
This time, I'll imagine that TGT can ramp up to catch UP to GOOG.
Therefore, buy TGT and sell short GOOG each day for the next 5 days. Build the position slowly as GOOG has strong price momentum.
Cheers.
Tim Feb 1, 2013 2:50PM EST
TGT 61.20 +0.79
GOOG 772.26 +16.57
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.