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**Price targets** are analysts' estimates of where they expect a stock to trade within a certain time frame, usually 12 months. These targets are based on a variety of factors, including the company's financial performance, growth prospects, and valuation. Price targets can be useful for gauging potential upside or downside, but they should not be taken as guarantees. Analysts may revise their price targets as new information becomes available, so it's important to stay updated. Also, consider the range of price targets provided by different analysts. A wide range may indicate uncertainty about the stock's future performance. Remember that price targets are just one piece of the puzzle, and you should not rely solely on them when making investment decisions. Consider the analyst's reasoning behind the price target and assess whether you agree with their assumptions.
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* ***Range Trading***: Trade within a defined range, buying near the support level and selling near the resistance level.
