Earnings Push TJX Stock Into a Promising Position

Traders now have two options following TJX’s Tuesday rally

Discount apparel retailer TJX Cos. (TJX) had a double whammy Tuesday, reporting better-than-expected second-quarter results and raising its fiscal-year earnings guidance. In response, TJX stock took a sizable leap and bumped right into a key medium-term technical resistance level.

Read my analysis here: http://investorplace.com/2014/08/tjx-stock-charts/#.U_T6p2OueKI

 

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