Rush Of Volume Pushes T.J. Maxx Stock Higher

I just spotted a signal from one of my most reliable indicators. Let me take you through how I spotted it and what it c February 16th, 2024 Rush Of Volume Pushes T.J. Maxx Stock Higher I just spotted a signal from one of my most reliable indicators. Let me take you through how I spotted it and what it could potentially turn into. Finding a stock with strong upside momentum can create a winning trade environment. When you know conditions are right for trading, you can set up a trade that fits your personal risk and profit profile. While trading always includes a risk of loss, our goal is to look for trades that help to manage as much of that risk as possible. This is why I like the On Balance Volume Chart, especially when it highlights a pattern like the one we are seeing for TJX Cos., Inc. (TJX). Check out the chart below.  We can see the OBV indicator is sloping up on the chart. That means that it is a confirmed 'Buy' signal for TJX. Now, let's take a look at the Hughes Optioneering calculator to figure out the potential returns for a call option purchase. Looking at the prices for TJX on 2/15/2024 before commissions on this specific call option, the calculator analysis below reveals if TJX stock increases 5.0% at option expiration to 102.64 (circled), the call option would make 59.9% before commission. If TJX stock increases 10.0% at option expiration to 107.53 (circled), the call option would make 127.0% before commission and outperform the stock return nearly 13 to 1*. Want Unlimited Access to our Optioneering Calculators? You can gain unlimited access to our cutting-edge Optioneering Calculators that revolutionize your approach to trading by signing up for our Wealth Creation Alliance Trading Service. Our expert Optioneering Team has meticulously crafted calculators for six distinct option strategies, empowering you to assess the profit potential of your trades. You’ll also receive actionable trade alerts from Chuck as well as additional stock and option training. [Join us today](! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at [dailytrade@chuckstod.com]( *Trading incurs risk and some people lose money trading. --------------------------------------------------------------- See Related Articles [Buy CRH’s Strong Trend?]( [Invest in Pharma: Buy GSK Stock!]( [Momentum Builds Behind Insurer BRO]( --------------------------------------------------------------- [TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (“Legacy”) Trading Services, newsletters and educational publications (“Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose. This email was sent to {EMAIL} by todaystrade@chuckstod.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](