WMT hit and bounced where we found a demand zone now should head higher to the trend line resistance
1) Break trend line resistance and make it to 145 for a gap fil
2) Reject the trend line resistance and bounce back down
Been on a run lately and now is the time for the pullback
Strong possibility of it bouncing off the previous resistance if it breaks through that point then it might bounce after hitting the trend line
After that run from Apple I think now is the time there will be a slight pullback where people who didn't get on before could get on.
Analysis: SHORT TERM : Bearish
RSI showing bearish signs price action also shows that it might be due for a small pullback
1) Could go down a bit to fill up the gap then head to higher highs
2) Could go down to fill the gap and then bounce off the trend line to head to higher highs
A good dip buy for people who missed the opportunity to get on it before it blasted off/
NOT FINANCIAL ADVICE!!!
A cannabis Stock got good potential. I am looking at a bounce back at 8.90s if everything goes according to my theory. Would probably enter at 9-9.1. Leave your thoughts in the comments.
NOT FINANCIAL ADVICE!!!!
Jumia technologies is been on a recent sell off according to the historic patterns it has always bounced back around the low 30s I think this is the case here too. It might be in a down trend until 32 ish and will bounce back. I am still very bullish on the stock as it got good potential.
Costco has been down because of the recent pullback and it might bounce back after hitting support which previously was a resistance. The 20-day moving average is also intersecting with the support shows strong signs of a bounce-back up to levels before