Traders,
We snagged an entry long in KMX off the Think- Tank system. This looks to be in the second stage of a powerful move to break the old high around the 52 area. I expect it to see 54-55. I will place my PT1 level at 53.30. I will look for PT2 above 54.5 but I will update any changes as usual via the alerts.
The stop loss will be any close of the day under 50.15.
The KMX chart below shows:
Have a great trading day!
Nick Pirraglia
TradersThinkTank