Carmax (KMR) Two Confluent Harmonic Patterns in Place
Carmax has taken an almost 20% beating since May 5th.
We have 2 concurrent Harmonic Patterns (Shark and Gartley) which may reverse this trend.
Look for a basing in this area.
We also need broad markets to continue their ascent.
As always do your own due diligence
Earnings are due June 18th and depend on a continued strong used car market
S.
We have 2 concurrent Harmonic Patterns (Shark and Gartley) which may reverse this trend.
Look for a basing in this area.
We also need broad markets to continue their ascent.
As always do your own due diligence
Earnings are due June 18th and depend on a continued strong used car market
S.
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I put targets in....
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Running into a resistance area... third time the charm ??
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Targets achieved