Walmart / WMT broke through the 1day MA50 and is testing the bottom of both the short and long term Channel Up patterns.
This is the first technical buy entry of this sequence, with the second being on the 1day MA100 and as long as no 1day candle closes under it.
Buy and target 168.00 (Fibonacci 1.236 extension).
Note: The 1day RSI also has clear Support levels that you can use in combination with the MAs.
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This is the first technical buy entry of this sequence, with the second being on the 1day MA100 and as long as no 1day candle closes under it.
Buy and target 168.00 (Fibonacci 1.236 extension).
Note: The 1day RSI also has clear Support levels that you can use in combination with the MAs.
Follow us, like the idea and leave a comment below!!
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