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MrAws0m3guy
Jan 26, 2016 6:11 AM

Walmart about to break out. Historically strong support @ $72 

Walmart Inc.NYSE

Description

Accenting Triangle, nearing breakout,
Triangle's price range is $10-$11
Thick blue trend line at $72- 2 year resisting/Supporting trend- 5ish contacts at trend $72 trend line
Historically and currently hits Fib's support and resistant lines
90 days, Bullish Target- $72
30 day Bearish Target $61.5
Position- Options
Put 61.5 EXP 2/16
Call 64 EXP 2/16
Call 70 EXP 3/16

Give me some feedback, what do you think, if 72 hits with in 30 days, potential $1000 off just 2 call contacts
Comments
MrAws0m3guy
Let me know what you all think about my prediction.......
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