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.
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.
Note
I put targets in.... Note
Running into a resistance area... third time the charm ??Note
Targets achieved
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.