FullTimeTrader
Short

WMT-Making a serious correction

NYSE:WMT   WAL-MART STORES INC
196 1 2
First lets see the weekly chart:
snapshot

Price reached 1.61 fib extension at all highs. Bollinger band duplication suggest a pullback.
Looking at daily chart , the trendline crossover is our confirmation to short.
Happy Trading.
Great chart. Thanks for sharing the idea.
+1 Reply
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