TJX Corporation Higher After Q4 Report

TJX Corporation YJX shares are trading higher by $1.59 at $74.28 in Wednesday's session. The catalyst for the rally is a Q4 EPS beat of a nickel with slightly better sales. Also, the company increased its buyback plan and raised it dividend. In the first minutes of the session it rallied to $73.86 before sliding all the way to $71.74. After regaining its footing, it has rallied back to make a new high for the session at $74.28 and does not appear to slowing down. If the rally continues, there may be some resistance, there may be some resistance at the quad of highs from $74.49-$74.65 on November 3-6.