Steve666

Carmax (KMR) Two Confluent Harmonic Patterns in Place

Long
Steve666 Updated   
NYSE:KMX   CarMax Inc
Carmax has taken an almost 20% beating since May 5th.

We have 2 concurrent Harmonic Patterns (Shark and Gartley) which may reverse this trend.

Look for a basing in this area.

We also need broad markets to continue their ascent.

As always do your own due diligence

Earnings are due June 18th and depend on a continued strong used car market

S.
Comment:
I put targets in....

Comment:
Running into a resistance area... third time the charm ??
Comment:
Targets achieved

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