DayTraderEarl

1hr Analysis on KMX(Carmax)

Long
NYSE:KMX   CarMax Inc
This is my 1hr markup on the 1hr chart with KMX.

I have an entry above 138.55 with an initial take profit at 140..

If price pushes above 140, then I plan on holding back to 143-145.

I like this idea based off the the 200MA bounce(blue line) as well as the Daily Chart sitting at or around a 50% retracement.

Will watching over the next few days.

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