CARMAX INC

higher time frame in uptrend parallel channel with strong momentum bars of support line mid time frame is breaking out of downward trend line and out of consolidation range-structurally sound upper bound of value and resistance area is 62.5x positive momentum rsi and rising positive volume pressure lower time frame shows price breaking out of triangle with good ...

watching for buys here

$KMX BotTrigger Trade Update: $KMX saw follow thru today on yet another strong bull bar closing well above yesterdays close. More importantly was that KMX closed above the bullish engulfing bar that it sported back on April 6. That April 6 bar was long with a low of $54.29, high of $58.20, & close of $58 that April 6 day. Since then, over the following 7 days KMX ...

Buying at support level around $55.00. Looking for upside to $60+ in near term.

Shares of CarMax, Inc (NYSE:KMX) continue to fall as auto sales slide and auto loans hit default rates not seen since the financial collapse in 2008 and 2009. However, for interesting investors, there is a major level of support looming. This entry price will be a strong buy for a swing trade bounce. The price point for investors to buy is $53.00 and is found by ...

KMX announces earnings on 4/6 before market open, so look to put on a play before tomorrow's New York close to get in on a volatility contraction play (six month implied volatility percentile is around 100, with background implied at 47). Here's the metrics for this puppy: Probability of Profit: 50% Max Profit: $113/contract Max Loss/BP effect: ...

If this level doesn't hold, then below trend-line to watch

NIce bull flag/ downward channel. Earnings coming soon.

KMX

Headed down from here. Could be due for a gaint move after hitting the bottom of the channel. If it remains bound in the channel, it should hit bottom (about $52) between April 6 and May 5, then turn upward towards $70+ in June or July.

long setup. channel breakout

Notes on chart. Although both opportunities missed (pattern up and reversal some target) there are two more gaps below. Might be one to watch on market weakness.

Overall KMX is not a great trending stock but has been in a bullish move for many years. So today I would only look for a near-term buy opportunity even though it has been trending well since breaking above the 2013 high ($53.08). In late October price broke above the 2013 pivot high and this time the move stuck. There was a retest to turn previous resistance ...

Not every bearish pattern pays off but some are more reliable than others and so far BDH we had more than 122 trades based on this over the years, and 90% of them were winners. If you decide to take this trade, make your stop loss at the high of 11/5/2014 or at recent swing high which one you prefer with target price at 52 and 50 next 6 weeks. If you want a real ...

Potential IHS

Status: Long Cost Basis: 50.00 Horizontal S&R: monthly Channel S&R: monthly MA S&R: no Stochastic turn/crossover above 80%: no AO pullback >0= 85: yes Price Pullback Fib >0.382: Next Earnings date: Sep 23, 2014 (EST) Increasing EPS: yes - beat Increasing Rev: yes - beat http://www.estimize.com/kmx *stop 1 atr below swing low. ** first price target is 50% ...

Saw this and sharing this view.