Target ( TGT) ($63.55) beat EPS estimates by 22 cents earning $1.19 on Aug. 21 and the stock traded lower to $63.05 on Aug. 29. Target has been below its 200-day SMA at $66.56 since Aug. 21. My annual value level is $53.54 with an annual pivot at $65.45 and semiannual risky level at $72.47. TJX ( TJX) ($53.87) beat EPS estimates by 3 cents earning 66 cents on Aug. 20. The stock set a reaction high at $54.66 on Aug. 26. My semiannual value level is $49.79 with an annual pivot at $52.67 and monthly risky level at $56.18.
Wal-Mart Stores ( WMT) ($72.91) missed EPS estimates by a penny earning $1.24 on Aug. 15. The stock has been below its 200-day SMA at $73.86 since Aug. 23. My semiannual value level is $61.55 with a semiannual risky level at $74.96. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.