CarMax, Inc. operates as a retailer of used cars. The Company also sells vehicles through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It operates used car superstores, provides customers with a range of other related products and services, including the appraisal and purchase of vehicles directly from consumers, the sale of extended service plans, guaranteed asset protection and accessories and vehicle repair service. CarMax, Inc. is based in Richmond, Virginia.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move above LOW point
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
- Bullish Heiken Ashi Candles confirm entry
- Fast MACD diverging
- Slow MACD crossing
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GOOD LUCK.
DO YOUR OWN RESEARCH!
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move above LOW point
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
- Bullish Heiken Ashi Candles confirm entry
- Fast MACD diverging
- Slow MACD crossing
PLEASE LIKE & COMMENT.
GOOD LUCK.
DO YOUR OWN RESEARCH!