Fibonacci 23.6%, Retrace
Looking at CarMax from its all-time highs to now, the retrace to 23.6% (if it holds) is exceedingly weak (not advice, not a recommendation).
The last update on KMX was here, indicating a potential reversal and test.
Stay Tuned
Charts by StockCharts, TC2000
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279
