Target Corp. Finds Resistance Again At The $74 Area And Retreats

Target Corp.

shares are trading lower by $0.90 at $72.54 in Monday's session. It should be noted the company has been dealing with issues with its Target.com do to higher than expected cyber traffic over the weekend. The issue topped out on its opening print ($73,78), which was a dime shy of Friday's high and $0.16 above last Wednesday's high of $73.68. The ensuing decline has found support ahead of its November 24 low ($71.76), only reaching $72.12 before rebounding to its current level.

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