jamison.gaddy

Showing signs of accumlation $77 price target

NYSE:WMT   WAL-MART STORES INC
wmt
38 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!
agunther
9 months ago
Interesting chart. I have a zoomed out version showing a re-accumulation lasting more than one decade.
Reply
agunther agunther
9 months ago
Hm, chart didn't attach, trying to post link to chart:
https://drive.google.com/file/d/0B6M1Ys32TM9haVlzU01TZ1FpLXc/view?usp=sharing
Reply
jamison.gaddy agunther
9 months ago
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
9 months ago
Thanks. I hadn't seen this (new to TV). I replied.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out