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HPotter
May 21, 2012 3:54 AM

TJX - Update: Stock in the range. 

TJX Companies, Inc. (The)NYSE

Description

Now stock make accumulation or distribution. If it is an accumulation, then we go the new year hight. If it is a distribution, then we go to the year correction.
Comments
charttrader
Followed.
SubZero
Weekly chart with divergences and a short idea with stop and target, good RR 1:5
HPotter
I think that is go up.
SubZero
weekly candle is a doji with lower high lower low
SubZero
looks like it tried to break to the upside but it failed, There is some bearish divergence on the on balance volume. I would say distribution, the monthly chart looks almost parabolic anyways
HPotter
Accumulation or distribution continues.
SubZero
Followed.
Quentin
Followed.
charttrader
Nice chart
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