Learn to Evaluate Tjx Companies ($TJX) using the Charts
October 03, 2023, 17:45 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TJX
- Buy TJX slightly over 83.12 target 88.09 stop loss @ 82.88 Details
The technical summary data tells us to buy TJX near 83.12 with an upside target of 88.09. This data also tells us to set a stop loss @ 82.88 to protect against excessive loss in case the stock begins to move against the trade. 83.12 is the first level of support below 87.5 , and by rule, any test of support is a buy signal. In this case, support 83.12 would be being tested, so a buy signal would exist.
- Short TJX slightly under 88.09, target 83.12, stop loss @ 88.34 Details
The technical summary data is suggesting a short of TJX as it gets near 88.09 with a downside target of 83.12. We should have a stop loss in place at 88.34though. 88.09 is the first level of resistance above 87.5, and by rule, any test of resistance is a short signal. In this case, if resistance 88.09 is being tested, so a short signal would exist.
Swing Trading Plans for TJX
- Buy TJX slightly over 88.09, target 88.68, Stop Loss @ 87.84 Details
If 88.09 begins to break higher, the technical summary data tells us to buy TJX just slightly over 88.09, with an upside target of 88.68. The data also tells us to set a stop loss @ 87.84 in case the stock turns against the trade. 88.09 is the first level of resistance above 87.5, and by rule, any break above resistance is a buy signal. In this case, 88.09, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TJX slightly near 88.09, target 86.63, Stop Loss @ 88.34. Details
The technical summary data is suggesting a short of TJX if it tests 88.09 with a downside target of 86.63. We should have a stop loss in place at 88.34 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 88.09, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for TJX
- Buy TJX slightly over 87.77, target 88.09, Stop Loss @ 87.57 Details
If 87.77 begins to break higher, the technical summary data tells us to buy TJX just slightly over 87.77, with an upside target of 88.09. The data also tells us to set a stop loss @ 87.57 in case the stock turns against the trade. 87.77 is the first level of resistance above 87.5, and by rule, any break above resistance is a buy signal. In this case, 87.77, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TJX slightly near 87.77, target 86.63, Stop Loss @ 87.97. Details
The technical summary data is suggesting a short of TJX if it tests 87.77 with a downside target of 86.63. We should have a stop loss in place at 87.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 87.77, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Tjx Companies (TJX) available here: TJX.
TJX Ratings for October 03:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
83.12 |
| P2 |
87.77 |
86.63 |
88.09 |
| P3 |
89.27 |
88.68 |
93.06 |
AI Generated Signals for TJX
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Tjx Companies (NYSE: TJX) report below can help you understand how to do this. The trading plans for TJX, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TJX:
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