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RampCapitalLLC
Oct 2, 2018 5:04 PM

Cup and handle Long

Walmart Inc.NYSE

Description

Height of the cup is approximately $16 which gives a measured move to ~$110 on a confirmed breakout above the handle. #Blessed
Comments
Arno324
so be careful!
Arno324
Half of all Chinese goods coming into America are now subject to a 10% tariff that rises to 25% at year end, and the president may also impose fees on the other half. A 2016 report estimated that 70% to 80% of Walmart goods are imported from China, making the company highly vulnerable to a long and protracted trade war.

Read more: Walmart Stock Could Test 2018 Low Without China Deal | Investopedia investopedia.com/news/walmart-stock-could-test-2018-low-without-china-deal/
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