CARMAX INC

KMX NYSE

itsmiguelsol

Bull scenario

Breakout_Trade

Has a falling wedge and looks like it is trying to breakout today. This morning it has already broken above 20-day moving average. Volume has been building over last couple weeks. Looking for close above that 20-day moving average that is currently around $95.15.

Spindle2060

This may bounce around in the 90's before breaking 100 to fill the gap, keep on watch.

KevnBurrows

I WOULD GO SHORT UNDER 92. LEVELS BELOW ARE 89, 85 GO LONG OVER 100 TRADE IDEA: 90P 10/2. BID/ASK: .65/.85

Needlez33

Kmx failed to break out of it's consolidation and seems to be returning to 92$. Looks like a quick 4 point move if you can catch it.

stephanelibatd

Hey investors, CARMAX INC is in a bullish push, a large number of paid buy volume and a sign of a continuation of bullishness due to the failed buyer's attempt. So there is a possibility of a rising recovery if the buyers respond present, for breakout the equilibrium zone can be confirmed by counting the bullish gap. It is heading down the next high, in the...

AlphaBotSystem

🚗 CarMax (KMX) slayed it last earnings season. While projections are grim this quarter due to the COVID slowdown, the longterm bull trend of CarMax and its general performance as a company ultimately has us looking for more upside. Not only does CarMax have a strong presence in the in-person used car economy, but it also has a strong presence in online car sales...

gsotolongo

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...

Boernerer

KMX retested on friday the multi month bearish trendline and failed again to make a new high. It failed with a bearish engulfing with a very nice profit potential at the last significant swing low. Only downside is the open window right below the bearish engulfing pattern, but if this can get closed, the last swing low is highly probablistic. Put in a tight stop...

EcoTrader-tv

Hi, today we are going to talk about CarMax and its current landscape. CarMax is poised to receive increasing attention from the market as relevant events are taking place. The company reports its earnings on Friday before the opening bell. With a good year, this report could be an event that will boost its positive momentum. The auto retail company has been...

Bullishcharts

The new car market may be struggling but the second hand market is thriving. One disadvantage of building good cars is that folks are now tending to keep them longer, secondly recent sales initiatives like a 7 year warranty on new cars, has meant that why change when covered by warranty. Companies like Carmax are in the sweet spot of this second hand economy, as...

ThreePercentTrades

Here is a great opportunity to pick up KMX . At Three Percent Trades we have a price target of $96.00 / share, which is a potential upside of 9.9%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.

s0ck3t

Carmax has got a good chance to go up pre and post earnings the Symbol has just hit the trend / resistance line. Earnings are expected to be good when they are released pre market on Friday

chuckination

I've bough a few cars from KMX over the years, and it's no surprise to me when a company I do business with does well financially on a macro scale. KMX has an excellent model with regional branches and locations handling sales and maintenance and even finance, so they also tap into the financial services marketplace. New sales in the US are slightly down from...

TopMarketGainers

Earnings are approaching and NYSE:KMX is one of the sweet spots in retail. New car sales are declining which limits the supply of second hand cars , this in turn increases demand and prices in the second hand market, improving margins and earnings. The same can be said for parts suppliers etc as cars are been maintained for longer. The chart illustrates just how...

ntourney777

Expecting correction

chuckination

I'm a little late on publishing this idea, but I'm not late on holding on here. Carmax is currently getting two monthly payments from our household, so I know this company is generating a cashflow, and so does everybody else after their solid 11% earnings surprise about two weeks ago. I've been holding and watching and waiting to publish before seeing a trend...