How To Trade (KMX)

February 24, 2025, 16:06 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for KMX

• Buy KMX near 82.32 target 89.75 stop loss @ 82.08 Details

The technical summary data tells us to buy KMX near 82.32 with an upside target of 89.75. This data also tells us to set a stop loss @ 82.08 to protect against excessive loss in case the stock begins to move against the trade. 82.32 is the first level of support below 82.89 , and by rule, any test of support is a buy signal. In this case, support 82.32 is being tested, a buy signal would exist.

• Short KMX slightly under 89.75, target 82.32, stop loss @ 90.01 Details

The technical summary data is suggesting a short of KMX as it gets near 89.75 with a downside target of 82.32. We should have a stop loss in place at 90.01though. 89.75 is the first level of resistance above 82.89, and by rule, any test of resistance is a short signal. In this case, if resistance 89.75 is being tested, a short signal would exist.

Swing Trading Plans for KMX

• Buy KMX slightly over 85.15, target 88.76, Stop Loss @ 84.9 Details

If 85.15 begins to break higher, the technical summary data tells us to buy KMX just slightly over 85.15, with an upside target of 88.76. The data also tells us to set a stop loss @ 84.9 in case the stock turns against the trade. 85.15 is the first level of resistance above 82.89, and by rule, any break above resistance is a buy signal. In this case, 85.15, 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 KMX slightly near 85.15, target 82.32, Stop Loss @ 85.4. Details

The technical summary data is suggesting a short of KMX if it tests 85.15 with a downside target of 82.32. We should have a stop loss in place at 85.4 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, 85.15, 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 KMX

• Buy KMX slightly over 82.99, target 84.64, Stop Loss @ 82.8 Details

If 82.99 begins to break higher, the technical summary data tells us to buy KMX just slightly over 82.99, with an upside target of 84.64. The data also tells us to set a stop loss @ 82.8 in case the stock turns against the trade. 82.99 is the first level of resistance above 82.89, and by rule, any break above resistance is a buy signal. In this case, 82.99, 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 KMX slightly near 82.99, target 82.32, Stop Loss @ 83.18. Details

The technical summary data is suggesting a short of KMX if it tests 82.99 with a downside target of 82.32. We should have a stop loss in place at 83.18 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, 82.99, 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 Carmax Inc (KMX) available here: KMX.

KMX Ratings for February 24:

AI Generated Signals for KMX

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This report provides trading strategies for Carmax Inc (NYSE: KMX) while incorporating risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for KMX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if KMX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for KMX too.  All of these are offered below the Summary Table.