The PEAD projected a Bullish outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
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What does $TJX actually do? ✅
The company is based in Framingham, MA, and is a leading off-price retailer of apparel and home fashion goods both in the U.S. as well as...
The PEAD projected a Bullish outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 25%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
-TTM Squeeze fired: (Weekly, A7)
-Inverse head & shoulders formed
-At breakout level
-Above stacked EMAs and SMAs (bullish)
-Has a gap to fill around 70.12 - 70.96
Contract Suggestion:
8/20 70C @ 1.50
8/20 72.5C @ .85
NYSE:TJX
➡️Pattern recognized:
Regular flat
➡️Hypothesis:
Bullish
➡️Inter-market analysis:
➡️Conclusion:
LDC fractal. Buy calls, tech is looking bullish for the next three months.
***This does not constitute financial advice.***
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Millions of dollars in call option bets for $67.50 strike in July
Picked up July calls at $65 strike to be safe, while i's still down. Holding a winner will be the hardest part. Aiming for 100% sometime in May or June.
Contextual immersion trading strategy idea.
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise...
$TJX projected with a slight bullish outlook after a positive over reaction following its release with the PEAD placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$TJX well respected over bullish and bearish MA's, broke a pennant pattern & key resistance area, hold's well over VWAP, huge big money buys buying in $TJX with an expiration day of this week, and earnings this week.
TJX closed above the 10 and 50 ema's today with other indicators showing nice upward momentum. A bit of a big green candle, but that hasn't hurt it in the past for new trends.
