Movements to be made as soon as we decide whether we've built enough liquidity in our teal tapered selling algo or if we need to dig deeper in stronger selling magenta and find support and a more tapered blue buying continuation.
Will update as price develops!
Happy Trading :)
- TraderDaddyOG
TJX Cos ( NYSE:TJX ), the parent company of TJ Maxx, continues to defy expectations with a strong showing in its fourth-quarter results. Bolstered by robust holiday traffic and a compelling value proposition, NYSE:TJX surpassed market expectations, reaffirming its position as a powerhouse in the off-price retail segment.
The allure of off-price shopping has...
The last earnings report on October 31 showed earnings per share of $1.03, beating the estimate of 99 cents. TJX's P/B Ratio (16.556) is very high in comparison to the industry average of (4.038). P/E Ratio (28.031) is within average values for comparable stocks, (103.022). TJX's Projected Growth (PEG Ratio) (1.960) is slightly higher than the industry average of...
stop 93.40
entry 93.81
target 94.75
cm_stock pop strat
with insanse oscillator coming off a squeeze dot
look to take trade to 94.75 where trendline is
stop at low of the swing
NYSE:TJX
If TJX Companies, Inc.'s stock price surpasses the bullish line located roughly at $90.31:
Bullish Target Price 1: $90.63, identified by the horizontal line drawn around that level, can act as a resistance point.
If the stock price falls below the bearish line located at $89.56:
Bearish Target Price 1: $88.63 appears to be the next support, based on...
Buy idea on TJX as you see on the chart after the breakout with force the ressitance line and the vwap indicator by a big green candle with a large green volume. In other hand, we will have a reversal trend if only if we have the breakout with force the support line by a big red candle with a large red volume.Thanks.
Analyzing the options chain and the chart patterns of The TJX Companies prior to the earnings report this week,
I would consider purchasing the 86usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $1.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
As I already said, the setup works on any timeframe
Here NYSE:TJX on the TF 15 minutes sees a bullish alert with a possible bullish crossover (to be confirmed with the next candles.
The PEAD projected a bullish outlook for NYSE:TJX after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
When price clears: 79.39
With average daily volume.
Target: 82.75 area
Stop: Depending on your risk tolerance; 78.27 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this...
TJ max isnt expensive, 26 PE and 15 ish price to book. gross profit margin 27%. Net income margin 7%
With walmart and home depot warning about weakening consumer and saying guidance is flat for 2024, will the trend squeeze on TJX margins and sales revenue? They already missed earnings most recently.
The salsa bowl of doom says TJX may be showing profit taking...
Strong G/G trend that has transitioned after weak week...
RAF is not overextended, but price has found volume support at the WAVE with a minor low pattern.
Still has positive momentum.
Looking to Buy on the minor low @ 79.70 on Monday.
21APR23 80 Calls
25% stop loss
Profit Target 1 @ 50 % retracement - $80.60
Bollinger bands are not prediction machines. They are more like the gutters at the bowling alley. They are math based and rear view mirrors of what has happened in the past. They are customizable to your settings.
I like to use them as a quick reference to tell me what is normal price action in the past. I would never use them alone.
Combing valuation of the...
