theresilienttrader
Oct 14, 3:31 PM
$
$TJX
$TJX just bounced 15% in four weeks, straight back into the
$144 gap from its August earnings report. Here is what that rally is ignoring:
🏬 Same quarter, same shopper:
$ROST comped +10%. Marmaxx (T.J. Maxx + Marshalls, TJX's biggest division) comped +1%.
$BURL did +2%.
📉 Management called the Marmaxx miss "self-inflicted."
🧾 Q2 included
$331M of one-time tariff refunds that will not repeat.
📐 Still below the 200-day (
$152), RSI 66 into resistance.
🎯 22 analysts rate it a Buy with a
$170.80 average target. The Street is priced for the old off-price story.
Our setup: short the bounce here near
$141.50, stop @
$145, targets
$133 then
$125. Defined-risk option structure in the full issue.
https://www.theresilienttrader.com/p/resilient-trader-trade-idea-the-9-point-comp-gap-wall-street-is-ignoring-in-tjx-companies-tjx
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