The breakout of Wal-Mart Stores through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of Wal-Mart Stores to test 142.91 within the next 21 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, Wal-Mart Stores has finally broken through. Can we expect a bullish trend to follow?
