octradr

WMT LOSING STEAM!

BATS:WMT   WAL-MART STORES INC
100 4 0
Dashed lines are support and resistance .
EMA's are turning down.

If EMA's cross this uptrend will be over and I would expect a consolidation phase to follow.
Time to tighten stops. I would use 78.50 12/24
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Still going down. 12/17
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snapshot


I was thinking more of a downtrend than consolidation, what you think?
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octradr bm1125
I wouldn't consider a trend reversal until it closes below 70. I do think it may go to the 74-75 range though.
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