As we look at the Walmart chart we see a strong rally due to "earnings" but will the strength of the bulls last? I've been bearish on stocks for months now, expecting another swipe of the lows, or possibly even a new low in the coming weeks/months. Walmart is no exception to this outlook, we see a LARGE gap left behind from the last dump and now we're seeing a...
Walmart(WMT) is in a no trade zone. We need to wait for the stock to show us some direction.
The trend based on the last 2 months shows upside, but the way the stock has fallen into the support area(130-133) doesnt look good.
If the stock moves above 133, we can go long with a price target of 143 and a stop loss of 130.
If the stock moves lower than 130, we can...
The guidance had come out and we traded below 119.00 coming from 132.00. This was a gap down, and the three day rule, plus we are already NEW MOON phase, suggest likely a move to test 117.00 support line.
Strategy is SELL current 121.50-122.00 and take profit near 117.00. Re sell if confirmed broken below 117 as we would be going enroute 103.00-105.00.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
