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harambepay
Apr 20, 2022 1:12 PM

WMT looking good for a short term breakout opportunity Long

Walmart Inc.NYSE

Description

Following WMT bullishness as of late, I believe we are in the midst of a broader rectangle breakout, and now an even smaller ascending triangle.

My clear break for an entry is 158.40, and from here I am first targeting 162.9 and then 170. These targets are from measured moves of the ascending triangle and rectangle, respectively.

Stop loss close to entry. Not financial advice.

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