• Return to Headlines

After Yesterday's Rally of 1.04% Shares Could Potentially Pullback

By James Quinn

Tjx Cos Inc (NYSE:TJX) traded in a range yesterday that spanned from a low of $99.36 to a high of $101.23. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $100.45 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Tjx Cos Inc has traded in a range of $66.44 to $101.23 and is now at $100.82, 52% above that low. The 200-day and 50-day moving averages have moved 0.67% higher and 0.88% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Tjx Cos Inc on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.50. Since that recommendation, shares of Tjx Cos Inc have risen 27.1%. We continue to monitor TJX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders tjx cos inc

Ticker(s): TJX