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.

Commento:

I put targets in....

Commento:

Running into a resistance area... third time the charm ??

Commento:

Targets achieved