CarMax remains in breakout mode, but institutional profit-taking during the retrace indicates potential weakness and significant resistance near $64.

So, we already had a breakout retrace bounce. We just really sold off all from these previous pivots right here, 6329. And so that tells me CarMax is still in breakout mode, but man, the institutions or investors taking profit is not necessarily a good sign.

You want to see this breakout bounce play and uh um continue to extend. You don't want to see it really get jammed up too much here at any one of these pivots. Instead, you want consolidation to occur.

So, that tells you there's significant resistance right here in the $64 range in the near term on CarMax, regardless if it stays in a breakout scenario or not.