With refer to my earlier post on XLP, financial news keep broadcasting a "break out" in WMT.
But i cant find the "break out"
I suppose the last two candle on daily chart.
Yes, it is a (MOMENTARILY) break out
Price attempted to break out of the red channel but was pushed all the way back from 79.37 and close exactly on the channel top. Of course, it might break out again
If the channel is valid as well as the symmetrical triangle pattern, i would actually anticipate price to retrace back to 77 first.
But i cant find the "break out"
I suppose the last two candle on daily chart.
Yes, it is a (MOMENTARILY) break out
Price attempted to break out of the red channel but was pushed all the way back from 79.37 and close exactly on the channel top. Of course, it might break out again
If the channel is valid as well as the symmetrical triangle pattern, i would actually anticipate price to retrace back to 77 first.