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Walmart Readying Itself for EMA Correction After Island Reversal

Long
Walmart Inc. (NYSE:WMT)  
DoozyTrader Updated   
NYSE:WMT   Walmart Inc.
Trend Analysis Chart Patterns Technical Indicators islandreversal island retail gap gapfill bounce Bullish Patterns LONG CALL
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trendanalysis chartpattern indicator islandreversal island retail gap gapfill bounce bullish long call
WMT has been beaten around lately after a report found they were mistreating a group of 178 female workers. After a gap down, more selling off, and then a rebound just above the widely used 200-EMA, it is now seemingly gearing up for a a bullish reversal out of an island reversal chart pattern.

Green line: island reversal trajectory
Orange rectangle: Gap zone with necessary breach for bullish confirmation.

I would not enter a bullish position on WMT without seeking this confirmation first.
Trade closed: target reached:
It entered the gap range. Profits were taken and positions are closed.
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