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KMX - Downward Trajectory
CarMax Inc
Short
KMX - Downward Trajectory
By simplenothing
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Updated
Nov 2, 2021
1
Oct 29, 2021
KMX looks like it will move lower, probably finding some temporary support at it's 200ma or the first trendine.
Just a wild guess after that, but I wouldn't be surprised if that support fails and it moves lower to the 120 range.
Oct 29, 2021
Note
My entry is 137.40 pretty close to the daily 8ema
Nov 1, 2021
Note
Still holding (for now) despite it's refusal to go lower yet.
Nov 2, 2021
Trade closed manually
Bad trade - sold for 140.86
Trend Analysis
simplenothing
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