Carmax Stock To Move towards And Above The Closest Resistance Level
When we look at the CarMax Inc (NYSE:) 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.