Has TKMaxx maxed out?

Has TKMaxx maxed out?


This is a share I have had my eye on for some time – in fact, I had an aborted trade  about a month ago, as I believed I had found a top.

But the market just kept going like the Duracell bunny.  It is a very large US retail holding company and owns TKMaxx here in the UK.  I believe US retail will suffer in the months ahead – already a stalwart US retailer JCPenney shares are heading off the cliff and making new lows.  They are in a similar retail segment.

I have a super tramline pair and the market is heading for the lower line after making a neg mom div at the top, which was made around the vernal equinox, please note.

The symbol is TJX and I shall be watching action around the lower tramline.

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