$TJX with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift D.
TJX trade ideas
Swing with Minor LowStrong G/G trend that has transitioned after weak week...
RAF is not overextended, but price has found volume support at the WAVE with a minor low pattern.
Still has positive momentum.
Looking to Buy on the minor low @ 79.70 on Monday.
21APR23 80 Calls
25% stop loss
Profit Target 1 @ 50 % retracement - $80.60
Using Bollinger Bands to engage in Options Trades Bollinger bands are not prediction machines. They are more like the gutters at the bowling alley. They are math based and rear view mirrors of what has happened in the past. They are customizable to your settings.
I like to use them as a quick reference to tell me what is normal price action in the past. I would never use them alone.
Combing valuation of the company, along with macro view of economy, and only then using technical like Bollinger bands is the way I like to trade. Bollinger Bands give me confidence to engage, thats it.
In the video I cover a case study of a vertical spread trade in TJX and how Im using Bollinger Bands as a rough guide for my placing my option strikes.
Hope you enjoy the discussion.
rocket ship and comment if you do ! Cheers!
Bull Call Spread ideasLooking at LEN and TJX for Bull Call Spreads. LEN 1/27/23 96/101 and TJX 1/27/23 83/88. Both have been coming up strong on my Buy List how\ever there is not much liquidity available so I will work a limit order hard to get the price I am looking for.
TJX for the win!!!!!on the daily chart TJX right now setting up for a bull flag looking for a $15 move to the upside
TJX Byung SignalTJX Buying signal, with tight stop loss below the swing low as it is expected to pump after testing the ema as it did the last time.
TJX CompaniesFormation of HH and HL
Trade with specified Stop Loss
Fib Extensions for Target Levels
Ride the trend with trailing stop Loss
Have You Seen TJX Companies Shooting Star? TJX ended the day with a shooting star on the daily in confluence with a rising wedge pattern.
Bias-short
I plan to short TJX after a break below the head of the shooting star and the 1H trendline (for a safe entry). I will more than likely enter a small swing position to catch the move.
Short float % is 0.95% as of 15 November 2022. Please be mindful that the short float % will update on the 1st of December.
*This is not financial advice.
Willing & Able,
MrALtrades00
$TJX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 42.86%.
QuickTrade 179 : TJXIn case of break....
Long, looking for a continuation higher
Short, looking for the price to close the gap and ema 21h to test the 50h
TJX Trend Reversal Long term C&H forming as well as a H&S pattern. Prime short entry. Don't see the C&H completing, more likely a trend reversal or stagnation.
QuickTrade 47 : TJXLong : Looking for a rejection of the 21h on the 50h
Short : Looking for the 21h to move lower to test the 250h
QuickTrade : TJXBearish EMAs and consolidation area below the h250.
Price is testing the 50h as resistance.
7/17/22 TJXTJX Companies, Inc. (The) ( NYSE:TJX )
Sector: Retail Trade (Apparel/Footwear Retail)
Market Capitalization: $70.954B
Current Price: $60.56
Breakout price: $63.00
Buy Zone (Top/Bottom Range): $59.80-$55.50
Price Target: $64.50-$65.40 (1st), $84.40-$85.20 (2nd)
Estimated Duration to Target: 39-42d (1st), 194-209d (2nd)
Contract of Interest: $TJX 8/19/22 62.5c, $TJX 1/20/23 62.5c, $4.80/contract
Trade price as of publish date: $1.66/contract, $4.80/contract
TJX Inverted H&S Leading to ContinuationA nice upward channel has been provided on TJX
Within this upward channel three points for the inverted H&S can be identified, this is a continuation pattern within the channel
Buy the right shoulder along the bottom channel band
$TJX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TJX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
$TJX bullish divergence cdvtjx 100% on the weekly calls since 10am yesterday morning.
no price target.
flowwwwwww will tell us when.
$TJX TJ MAXX ultra bull order flow tjx weekly 65 call .20 NO STAWP.. follow da money
side note: whats bad for designer is good for thrift
$TJX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TJX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
