jamison.gaddy

Showing signs of accumlation $77 price target

NYSE:WMT   WALMART INC
WMT
41 4 3
wmt
WMT             is showing signs of accumulation. We can also see below that buying demand remains present while cumulative selling pressure is contracting. Price discovery is not trading high with much ease as we resistance because of possible longs trapped in last August positions and new shorts entering.

Volume is contracting so I suspect prices will pullback again to $69. If buyers are present WMT             should continue to $77

Good Luck!
Interesting chart. I have a zoomed out version showing a re-accumulation lasting more than one decade.
Reply
agunther agunther
Hm, chart didn't attach, trying to post link to chart:
https://drive.google.com/file/d/0B6M1Ys32TM9haVlzU01TZ1FpLXc/view?usp=sharing
Reply
I like what you're looking at. I just posted a long term chart that I was unable to insert into this conversation. I'm interested in your thoughts. Have a great weekend!
-Jamison
Reply
agunther jamison.gaddy
Thanks. I hadn't seen this (new to TV). I replied.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out