Live monitoring of the Rounding Bottom setup on TJX. See where price is heading.
Gradual reversal from bearish to bullish.
Traders are watching TJX Companies (TJX) as price action tightens. Currently at $163.81, the asset is showing downward momentum (-0.19%). Price action has carved out a classic Rounding Bottom. Volume is average (0.7x avg) with moderate trend strength (37.5). A potential breakout level is identified at $170.0, targeting $194.34 with support near $157.83 (R:R 2.0).
What is your outlook on TJX?