Missed the initial breakout, no point jumping in now, will be looking to buy the dip on next pullback. Fundamentally the stock is very bullish as is the consumer. Indicators are approaching overbought,but stock remains very strong, may reach $60 before pullback. P/E ratio 23.93 Average analysts price target $60.25 Re-ratings to come, probably raises.
Buying some puts $57.50 and $60 strike, Oct 18 expiration. Simple trade, simple chart. Read callouts for details. Please Like, Comment, and Follow to show you support! Check out my homies pages here for more great analysis: www.tradingview.com www.tradingview.com Goodluck!
$TJX is flagging on the weekly with a triple top and a cup and handle formation.
Among the bricks and mortar stores TJX is a real winner, it is a favourite among consumers and indeed other retailers, whom have excess inventory that they can not shift. TJX buys it cheap and sells it cheap to the bargain hunters who just love finding that item they didn't really need but it was too cheap to put back on the rack. Despite this from a technical...
My quant model predicts Profitability: TJX has a high probability(64%) to rebound at this level. The chart shows a support level here. Worst Case: TJX could drop to $36.15 Money Management: Bet no more than 25% of capital Suggested Strategy: long TJX for 5 Days
Seasonally TJX is usually quite strong , earnings are coming up soon and they have announced a split as well. NOV I'm expecting to see some good numbers out of retail names $XRT and strong thanksgiving and Christmas sales as the consumer seems pretty strong. The risk to this setup is if TJX reports poor numbers then I can expect a retracement back to 101/102 if...
TJX is incredibly strong in the face of the weak market. Look for a breakout to new highs soon.
Zacks Rank: 2-Buy 2 Style Scores: C Value | A Growth | C Momentum | B VGM Industry Rank: Top 8%(21 out of 255) Industry: Retail - Discount Stores
TJX: The TJX Companies, Inc. 2018-08-21 08:30:00 The TJX Companies, Inc. Reports Above-Plan Q2 FY19 Results with Comp Sales Growth of 6% and EPS of $1.17; Raises Full-Year EPS and Comp Guidance
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
TJX: tjx companies 2018-02-28 08:37:04 Detected possible increase in guidance
TJK Overbought Condition Waiting For New Number And Color Color Green Number None
If this gaps below 66.76 this is a close your eyes and buy the open trade. I see support at around $64 level.