Carmax Stock To Move towards And Above The Closest Resistance Level
| Apr 08, 2022 05:01AM ET
When we look at the CarMax Inc (NYSE:KMX) chart, we can see it’s been trading in a channel for the past week between support of $95 and resistance of $103, with no notable moves to either breakout or breakdown. It was last found trading in the $90.16 range.
Today we can expect a move towards and above the $103 closest resistance level. If, however, it doesn’t manage to hold on to the current level, then a move towards the $95 closest support level can be expected.
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