BBTrader29

WMT breakout

Long
BBTrader29 Updated   
NYSE:WMT   Walmart Inc.
WMT showing a strong weekly chart. Price has tested resistance 4 times, and seems to be set-up and posing for a breakout thru resistance. The last weekly candlestick closed in the green as a harmani, showing a strong signal as well. I'm currently in at $102 looking for upside to potential to $106-110 for 4-8% gain. Will set stop alert at support level if idea fails at $100. Have to be mindful for swing trades with earning coming up, which will be released on May 16 and will be out of trade before then. I think there is a rotation coming from tech stocks into consumer stock.
Trade closed: stop reached
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