TJX – Potential Oversold ReboundTJX Companies IncBATS:TJXhabostonIt appears that TJX may have just completed a short-term capitulation move after a sharp decline from the $161 area. A potential oversold rebound may be beginning, accompanied by two key bullish signals: * Deeply oversold RSI. * MACD histogram is still negative, but the red bars are becoming smaller, suggesting that bearish momentum is weakening. Other bullish signals: TJX has reached a potential short-term bottom around $130.15 and printed two consecutive green candles, suggesting that buyers may be starting to step in. The price is also approaching the first resistance zone around $145.20. The MACD is the only indicator that has not yet confirmed the rebound, as it remains below the zero line. However, if the price continues to move higher, the MACD histogram could begin turning upward as well. The setup is based on the expectation that TJX has formed a short-term bottom and could rebound toward the previous support/resistance levels. Entry: $132.08 Price targets: $145.20 / $149.83 / $161.99 Stop-loss: $127.11 (-3.76%) R/R: 2.64 IMO, amateur trader. Good luck!