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KMX trade ideas

No-Haggle Pricing | Stay FlyWhat's up, Fresh - it's our turn, baby... Circling back to our discussion on the BLS choosing to withhold the release Total Vehicle Sales for August 2024 ( in an effort to hide the disaster that is the current state of the global economy ), this baddie is setting up for a scrumptious buy opportunity. Idea: short NYSE:KMX and then take your winnings and buy yourself a fly ride. While you're at it, cop you some gator boots and gucci suit. From there, get you a quarter tank of gas, and you're set. ... and then I heard BOOM from the amplifiers.
NYSE:KMXShort
by ChiefMacro
CarMax Hits Speed Bump: Shares Drop 13% Amid Delayed TargetsCarMax ( NYSE:KMX ), the pre-owned vehicle giant, faces a bumpy road ahead as it misses analyst expectations for its fourth-quarter results and pushes back its long-term financial targets. The company's shares took a nosedive, plunging as much as 13% in premarket trading. Blaming ongoing vehicle affordability challenges and inflationary pressures, CarMax ( NYSE:KMX ) now expects to reach its target of selling over 2 million combined retail and wholesale units annually between 2026 and 2030, a delay from its previous goal of achieving this milestone by 2026. The ripple effect of CarMax's disappointing performance extended to other auto retailers like Carvana and AutoNation, which also saw declines in premarket trading. Analysts express concern over the company's future prospects, with Truist Securities' Scot Ciccarelli cautioning that the recovery may not be as robust as anticipated. CFRA Research's Garrett Nelson highlights the impact of "higher-for-longer" interest rates on car sales volumes, exacerbated by inventory overhang on pricing. The pandemic-induced surge in vehicle inventories has led to fierce competition among pre-owned retailers, driving down prices and squeezing profit margins. CarMax ( NYSE:KMX ), like its counterparts, now faces the challenge of balancing inventory levels and navigating the turbulent waters of inflation. With CarMax ( NYSE:KMX ) warning of further profit-sharing revenue hits due to inflationary pressures, investors brace for continued turbulence in the used-car market. As the industry grapples with evolving dynamics, CarMax's ability to steer through these challenges will be closely watched by investors and industry observers alike." Technical Outlook CarMax ( NYSE:KMX ) stock is trading within the overbought region with a Relative Strength Index (RSI) of 27.23. The stock is trading below the respective Moving Averages further validating to the Bearish thesis.
NYSE:KMXShort
by DEXWireNews
Wholesale to Retail Stock Trading Strategy for $KMYImagine you're in a marketplace where you can buy items wholesale (at a lower price) and then sell them retail (at a higher price) to make a profit. For stock trading, think of buying wholesale as buying stocks when their prices are low and selling retail as selling them when their prices are high. Here's the breakdown: - Wholesale prices for the stock of company XETR:KMY range from $55 to $67 per share. - Retail prices, which is what you aim to sell the stock for, range from $90 to $100 per share. The strategy is simple: - Buy the stock when it's priced low (in the $55-$67 range) and sell it when it's priced high (in the $90-$100 range). - We don't buy when prices are too high because it's not profitable. We categorize the price ranges into zones: - The "orange zone" is when the stock is priced low, making it a good time to buy. - The "blue zone" is when the stock is still priced reasonably, neither too low nor too high. - We avoid buying in the high-priced zone because it's not a good deal for us. Now, let's consider if you were to sell some of the XETR:KMY stock today. To maximize profit: - You would have ideally bought the stock when it was in the orange zone, the lowest price range. - Selling it now, when it's in the retail price range of $90-$100, would yield the highest profit margin. So, the key is to buy low and sell high. Timing your purchases and sales based on these price zones can help you make the most profit when trading stocks like $KMY.
NYSE:KMXLong
by ImmaculateTony
CARMAX Stock Chart Fibonacci Analysis 011624Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 74/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:KMX
by fibonacci6180
1
CARMAX Stock Chart Fibonacci Analysis 121623 Trading idea - Entry point > 74/61.80% Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 74/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NYSE:KMX
by fibonacci6180
KMX: $73 Go long. Short as it heads into 20DMAFundamentals / Background: This company has financial difficulties and is not well-poised in this environment with depreciating value of inventory, and lots of it, with consumer strength weakining. Technicals : Currently, Sell. Specific shorts at the 20DMA $72 range with a short add at $68. Additionally if the stock immediately rejects initiate short at break of $67-$68. Short Stops around $73 This is pretty good short in general until it clears $73. Its fundamentals are still working against the stock, but we will be unbiased. There is a short term mid-October bull bias if it clears the neckline at $69 or so, but shorts will likely be accumulating here.
NYSE:KMXShort
by rook2pawn
KMX, 10d+/-48.81%falling cycle -48.81% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
NYSE:KMXShort
by Tonyder
Watchlist 2023-04-11 $SPY $KMX $TSLA $BABA $CVNA $ADTNAMEX:SPY - makes a complete reversal yesterday after gapping down into 405 support and finishing back at the prior 409 resistance. investors are waiting for key inflation data on Wednesday but will to put a bit on risk on in anticipation was SY gapping up past 409 that was res. For the last 3 days. If SPY stays above early in the session and then gets above 410.50 PM res. We could see a potential trend day. However, if we res below 409 and then it turns into res. Again, we may drift back to 405. For further confirmation of a trend day, watch for: USI:ADD pinned near +\-2000 USI:VOLD ratio over +/- 3 USI:TICK cumulating past 0 wicking to +/-900 NYSE:KMX - CarMax stock rallies after big profit beat, even as revenue fell well short of expectations. There appears to be an array of challenges ahead that will continue to impact car sales. However, if KMX can get above 71.50 early on, there is room to move to 75 for a swing trade, but it's already up 1.8 ATRs on only 1.1 PM RVOL, so I think this is less likely given the mixed earnings. I'm preparing for a test and rejection of that level for a short play or a long if there is a Rev H&S between 67 - 68 for a gap n go. NYSE:BABA - Alibaba Group Unveils Generative AI Model, Plans Integration Across Apps. If support is confirmed at 102 (PD high from PD inside day) R1 at 103.30, R2 at 105. If we can't close above 102 on the 5 min early on. No trade. NASDAQ:ADTN - gapping down 5 ATRs on 0.7 RVOL, showing extreme weakness in the PM. IF we can get a retrace to 13.50 with a swift rejection, the RR is favourable for continuation down to the 11 and 10.50 support. Other Watches NASDAQ:TSLA - is in a low vol node area, looking for signs on continuation. NYSE:CVNA - long if there is a confirmed support test of PD HVN at 9.30, huge resistance at 10.30 that Is like a magnet and will be tested on market strength, if KMX is strong this can turn into a sympathy play.
NYSE:KMX
by UnclePennybagss