Sunday, October 10, 2010

Chart of the Day

At the very onset of this post, I must admit I really like today's Chart of the Day. Department Stores have been on a tear in the last few days and our Chart of the Day - TJX - belongs to the same sector. It has been consolidating nicely for over a week now and finding support at MA(20). Watchout for a break of the trendline marked on the chart.

And here is the weekly chart.

Take care and good luck!

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