Don't Ignore This Chart!

Quadruple Bottom P&F Breakdown for Target (TGT)

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Ditc20090202
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Target Corp's Point and Figure chart broke below the bottom of the Quadruple Bottom Pattern that it had put in over the past 5 weeks.  See the 4 "O's" in the boxes at 32?  Those "O's" formed the bottom of the pattern.  Today's decline to 30.20 filled in the 31 and 30 boxes, signaling the breakdown.

Chip Anderson
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