Walmart held nicely at the .618 Fib level, but looks like it might drop down to the .786 fib level soon. Looking to buy some calls if NYSE:WMT drops to and shows support at $65.40. Any thought, ideas, opinions? All are welcome.
Looking for a bounce with NKE now showing a double-bottom from it's June 2016 low. Volume looks to be getting lighter, so I'm looking for volume to increase on the reversal and take it to $55.
Looking at BP back to November of 2015 to now....looks like a cup and handle pattern is really starting to take form here. Anyone else seeing this or think otherwise?