TJX - Continuation of the Upward Movement
Updated
On May 6, we published an analysis for TJX that met both targets and even appreciated beyond them. The purpose of this new analysis is to continue this movement, as there is a new alignment and approach of FiboClouds capable of providing new support and impetus to the movement towards the targets described in the chart.
Risk/Return = 3
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
Follow us to receive notifications of new trades as well as frequent updates on ongoing trades.
Finally, if you agree with the idea or found it useful, please give it a BOOST so that it can reach a larger number of people! Thank you!
Risk/Return = 3
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
Follow us to receive notifications of new trades as well as frequent updates on ongoing trades.
Finally, if you agree with the idea or found it useful, please give it a BOOST so that it can reach a larger number of people! Thank you!
Trade closed: target reached
Intermediate target reached in TJX, resulting in a partial appreciation of +2.70% over 4 consecutive trading sessions.Action required: Move the stop loss up to 111.50, as outlined in our traditional risk management, and wait for the development towards the final target. This ensures the partial gain and exponentially reduces the risk of losses in this already successful and profitable trade.
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