I've been watching Walmart since they issued a robust earnings report weeks ago.
The stock "DID NOT" rally on the report like several other stocks did. In fact, Walmart has not taken part in the recent rally.
If you look at the accumulation chart, Walmart has been under accumulation by institutions for a while.
I feel, at current levels, the stock is oversold...
THERE ARE 2 GAPS, ONE AT THE TOP, ONE AT TRUMP'S ELECTION!
RETAIL HAS PILED IN DURING THIS RALLY! BUT VOLATILITY HAS SOLD OFF!
EURODOLLAR VS DARK POOLS AND THE PPT!
MU is in a Trading Range pattern at a new high, and is moving with some High Frequency Trader activity to the downside recently. This stock is heavily traded by Retail Traders.
Throughout the past couple of months, slow Dark Pool Quiet Rotation™ was going on while the stock was in Buyback mode. Professional Traders used AXP Buybacks to set up good runs until the past 2 weeks. Now Buybacks stalled, and Retail Traders have taken over.
Unable to complete its bottom from last December’s low reversal to the upside. Retail Investors & Traders as well as plenty of Smaller Funds got duped by Corporate Buybacks. Weekly view shows a Flat Top Formation, one of the newer tops.
Year over Year growth is higher and sure to garner some High Frequency Trader attention. Sometimes a huge final quarter is last hurrah for business cycle. This is a favorite stock with Retail Traders.
ATVI is building an intermediate-term bottom that is a solid base from which the stock can eventually move up as its fundamentals improve. This is a pattern all Retail Traders should notice, especially Position Traders and Intermediate-Term Traders.
