Target Gets Shot Down

This morning the leading retail stock Target Corp.TGT is declining lower by $1.29 to $58.70. This stock is pulling back from a recent 52 week high made two sessions ago at $60.97. Target will have short term intra-day support around the $58.50-$58.30 area. The stock could see a small intra-day bounce around this area. Walmart Stores Inc.WMT is also trading lower this morning by just 0.25 cents to $54.52. Walmart Stores are the biggest competitor to Target Corp. Walmart will have intra-day support around the $54.50 and $54.25 levels. Nicholas Santiago InTheMoneyStocks.com