TJX Goes On Sale At This Level

 | Nov 18, 2014 01:16PM ET

Leading off-price apparel and home fashions retailer The TJX Companies Inc. (NYSE:TJX) is declining lower after reporting earnings. The TJX operates its stores under the T.J. Maxx, Marshalls, HomeGoods and Winners trademarks. Today, the TJX stock price is trading lower by $1.77 to $59.76 a share. Day traders should now watch for intra-day support around the $58.36 level. This is an area on the chart that should be support by the institutional money.