Seasonal play, confirmed when price cross over the top of the parallel channel at $61.00 with target of previous low at $63.50 A short term play 10-15 days.
Looking for quick 50% fib retracement at $ 78.00 area, supported by resistance and overbought bearish reversal.
Looking for quick 50% fib retracement at $ 132.00 area, supported by seasonality and oversold bullish reversal.
Looking for small pull back to support at around $ 120.00, confirmed with seasonal play. The overall trend is strong up move. We are hitting the upper resistance of the parallel channel as well.
WMT reports earnings in a few days, 02/19/2015. Stuck in Chanel down with a strong seasonal bearish push. Looking for a gap fill from back in Nov 2014. Potential reversal at the end of the month.
Perfect Channel up, looking for 3-rd touch of the bottom support. This is low risk play with small stop on break of the upper resistance of the channel with target of $ 57.00 in about 17 bars. Volatility is low, perfect for PUT options.
Bullish Butterfly already in progress, stop is right below the "D" leg at $ 15.65 with first profit target at 61.8% Fib retracement or trend line resistance.