CarMax Inc KMX

dwarsco

Missed the Dip in the demand Zone but have an alert set if it comes back to the green demand zone i'm a buyer.

DayTraderEarl

This is my 1hr markup on the 1hr chart with KMX. I have an entry above 138.55 with an initial take profit at 140.. If price pushes above 140, then I plan on holding back to 143-145. I like this idea based off the the 200MA bounce(blue line) as well as the Daily Chart sitting at or around a 50% retracement. Will watching over the next few days.

DayTraderEarl

I spotted a potential Swing Idea on KMX. I'm eyeing 140-145 calls. I haven't determined an expiration date yet, but I'm aiming for next month, maybe even Dec. depending on the contract prices. I also have a 1hr markup which is showing me a possible bounce coming off the 200MA. WIll this happen anytime soon, that I don't know. However, I'm liking the pullback to...

simplenothing

KMX looks like it will move lower, probably finding some temporary support at it's 200ma or the first trendine. Just a wild guess after that, but I wouldn't be surprised if that support fails and it moves lower to the 120 range.

lollerfirst

The stock is currently trading below it's 50 day MA and the reception of ER on the 30th of September was negative. We have seen a gap down of -9%, followed by a solid red daily candle. The spike in volume is also a good indication. I'm expecting the stock to drift down as big investors adjust their positions / get out.

Jasonbail

I think Carmax could actually run past the upper white trendline with how hot the used car market is right now might be worth keeping money in even if it hit PT.

TaPlot

$KMX working on a constructive setup. Believe it needs few more days of tight range trading right under that $137 level. Trapped buyer on wide range selling bars from back in May. Need to absorb that supply (long daily candle wicks red arrows) before it can head higher.

WadeYendall

KMX poised to breakout post earnings. Two possible plays on the this one. Either take it early on a pull back to the green box and then hope for a break or wait for the breakout and then take it on a pull back to the green box. I prefer the latter. Stops either way would be the below the green box. Targets would be the fib extensions.

raxdear2

next move is going up and creat new lower low then go down last low or lower as indicate

Steve666

Carmax has taken an almost 20% beating since May 5th. We have 2 concurrent Harmonic Patterns (Shark and Gartley) which may reverse this trend. Look for a basing in this area. We also need broad markets to continue their ascent. As always do your own due diligence Earnings are due June 18th and depend on a continued strong used car market S.

kennzo

CarMax, Inc. operates as a retailer of used cars. The Company also sells vehicles through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It operates used car superstores, provides customers with a range of other related products and services, including the appraisal and purchase of vehicles directly from consumers, the sale...

EPSMomentum

The PEAD projected a Bullish outlook for $KMX after a Negative over reaction following its earnings release placing the stock in drift C 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.

growerik

Carmax 4th Quarter February 2021 earnings tomorrow 4/1 at 6:50am. Carmax (KMX) reported 3rd Quarter November 2020 earnings of $1.42 per share on revenue of $5.2B. Revenue grew 8.2% on a year-over-year basis. Q4 Consensus: EPS = $1.27 Revenue = $5.15 B R3 = $147.53 R2 = $142.20 R1 = $136.86 pivot = $131.53 S1 = $126.43 S2 = $120.86 S3 = $116.22 Do your own...

rickhubbard10

According to the option market, KMX is looking to make a 6.5% move based off of $133. This meaning 6.5% to the upside or downside is expected. Due to the current set-up, in my opinion CarMax could reach that 6.5% before earnings rolls out on Thursday. Demand above $134 could trace a realistic move to test $138-$139 by earnings, and has room to even create a...

MalcolmTrades

kmx bullish idea

TaPlot

2 months box setup after breaking into all time highs. Carmax held up very well against market weakness possibly ready to start its next leg up and ultimately breaking this consolidation into new uncharted territories. Carmax Inc (KMX)- OPERATES 216 USED CAR SUPERSTORES IN 106 U.S. MARKETS WITH PLANS TO OPEN 13 STORES IN 2019-20.

roman63rus

I was looking for overvalued companies a couple of days ago. KMX became a candidate due to its high debt and high multiples. So, I staged an order, thinking I will review it one more time in the morning. But I forgot all about it and it got executed. So, I am short KMX now. Looking at the chart looks like next week will tell if it was a lucky accident or not so...

danchobraylon

TP 115-125 Entry 101 SL 95