RitchGBP

Walmart approaching neckline

Long
RitchGBP Updated   
NYSE:WMT   Walmart Inc.
Walmart has been trading within it's ascending channel since the start of 2019, obviously throwing around corona volatility since the start of this year. We are now approaching a potential neckline region and tap of the lower channel before recovering slightly into a right shoulder. Profit taking between 118. - 120.
Trade closed manually:
Right shoulder falling short of profit zone - all position closed circa 116.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.