Show me how much Buffet takes care of his stocks.
Hoping to pick some up on a pullback.
Broke through dynamic Resistance
Broke 100ma and 200ma
Buyers entering market, lot of bounce potential
Yo fuck target. heh
For WallMart stocks, 2015 was not a good year so far...
Trading between macro means on long term basis, price signalling uncertainty. Price has recently failed 5-year mean at 69 and is now between it and 10-year mean at 60. No trend on macro basis is an outlier, indicating that currently long term institutional investors are unsure regarding this company.
We note that price has been trading along bullish uptrend line, from Aug 2011 to May 2013. However price has been consolidating sideways since June 2013 until now.
We note a possible Diamond Top Formation close to breaking out. The breakout will likely happen after price manages to trade and sustain below 75.00.
The objective of the pattern will be to reach...
A possible long position in WMT in the near future, upon confirmation of bullish trend - (price above Ichimoku cloud, MACD, MA's or your own chosen set of indicators).
It's a well-known consumer brand that pays a high dividend and there has been recent positive publicity relating to this stock in popular financial press -...