gsotolongo

Bearish looking Upward wedge

NYSE:KMX   CARMAX INC
If you look at the 1M and 1W, you will see solid resistance and at the 1W you can see kind of like an upward wedge and a red inverted hammer wick. Zoom in a little to 1D and we will see kind of like an upward wedge formation going on, and that it is currently retracing from resistance, but some consolidation here could happen. From here on we will need to wait a few days, perhaps until next week or so to see what will happen next because nothing is guaranteed.

I am looking for a nice short entry at the 1H...

Comments

Nice job, here is what we have for moving forward
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