above 138, look for 150+
we could revisit the 61.8% fib once more before a bounce to the 100% fib levels and then a test for ATH
interested in trading the fib retracement from 78.6% to 100%. past 100% looks like we could have a rather large move.
can go either way, but seeing hidden bullish divergence... so the higher high trend may continue. bullish on a break past the dotted purple trend line, bearish with a rejection of the dotted purple trend line & break below dashed orange line
height of the triangle is my PT from the breakout point today. see linked chart for longer term plan.
bullish descending triangle , or asending triangle. both highlighted in chart. bullish for a move towards ATH , then 55+ if and only if it can stay above the 38.20% fib. (50.10)
failed breakout from previous ideas (see linked). inverse h&s also failed us. but chart still valid for next week. bounced off trendline support, oversold as well.
symmetrical triangle, consolidating. see fib levels.
walmart seems pretty bottomed out here. the feds suing walmart over the opioid crisis caused an overreacted sell off. still looking like a good time to add. i am in 160c 3/19/21.
as ugly as the the intraday charts have looked the past 2 weeks, the weekly looks like it's bouncing off the cloud. would like to see this above ATH for a move higher.
need to close abov 132 for 137+