Live monitoring of the Symmetrical Triangle setup on TJX. See where price is heading.
Consolidation. Can break either way.
Bullish continuation pattern.
Technical analysis of TJX Companies (TJX) reveals a significant setup. The stock is trading at $161.63, up 0.52% on the day. Price action has carved out a classic Ascending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $168.05, targeting $187.83 with support near $151.45 (R:R 1.19).
What is your outlook on TJX?