Wal-Mart Appears Prime for a Run to the Upside!
Patterns Identified- ABCD and an Inverse head & shoulders pattern on Wal-Mart's (WMT) daily chart!
I expect a break of the neckline over the next few sessions. We popped above the trendline today and came back inside the triangle. Also we closed slightly below the zone (see screenshot below).
My next entry on Wal-Mart will be above 135 or after we break and hold above the upper trendline.
Short % of float 1.09 (as of October 1, 2022).
Bias-Bullish
Peace in Love,
MrALtrades00
Patterns Identified- ABCD and an Inverse head & shoulders pattern on Wal-Mart's (WMT) daily chart!
I expect a break of the neckline over the next few sessions. We popped above the trendline today and came back inside the triangle. Also we closed slightly below the zone (see screenshot below).
My next entry on Wal-Mart will be above 135 or after we break and hold above the upper trendline.
Short % of float 1.09 (as of October 1, 2022).
Bias-Bullish
Peace in Love,
MrALtrades00