TJX Companies, Inc. (TJX) rose in its latest session, preparing to attack the key resistance level of 145.00, supported by continued trading above its 50-day simple moving average and under the control of a short-term bullish trend moving along an ascending line. The latest rise came after the stock successfully unwound its previous overbought conditions on the RSI, giving it more room to extend its gains in the near term.

 

Therefore, we expect the stock’s price to rise in upcoming trading sessions, particularly if it breaks above the mentioned resistance of 145.00, targeting its next resistance level at 151.00.

 

Today’s price forecast: Bullish.