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TJX stock showcased buying interest and is heading to $100.
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Buyers are showing their dominance and registered a breakout.
TJX Companies (NYSE: TJX) TJX stock registered a flag pattern breakout and has surpassed the trendline barrier of $90 in the past sessions. Furthermore, the price action showcased the buying momentum and is trading above the significant moving averages. Moreover, the chart showcased the double bottom pattern and a rebound from the support zone of $87.
TJX stock price is ready to reach the round mark of $100 and if it happens, a sharp rise toward $120 is anticipated in the coming sessions.
The TJX Cos., Inc. engages in the retail of apparel and home fashion products. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers an assortment of home fashions, in
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