Added more to my short WMT

138 4 4
Well you can pretty much find out the story behind the short. Technically the short is supported by the rejection on the descending trend-line. Fundamentally, the short is also supported, so I'm comfortable adding into this short position. Sell side volume has also been quite healthy with little buyers being seen at these levels. Also, Barron's concurs that this is not a "value" buy for investors looking to buy into beaten down stocks that may potentially offer large upside.

Cheers, and good luck to any in this short! =)
+1 Reply
Daniel.B B120626
Thanks, turned out to be a good one. =)
Good solid analysis. Great pick up for me. :-)
+1 Reply
Daniel.B robertrobert2
Thank you! Glad you liked the analysis =D
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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