Wal-Mart Stores has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 17 days. This breakout indicates a potential move to 136.30 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
The Walt Disney Company hits 111.6 after a 24.76% move spanning 38 days
The Walt Disney Company has moved higher by 24.76% from 89.45 to 111.6 in the last 38 days.
After experiencing a 17.56% bullish move in the space of 32 days, nobody knows where General Electric Company is headed.
General Electric Company has experienced an exceptionally large movement higher by 17.56% from 126.88 to 149.16 in the…
Is the extremely large movement on The Walt Disney Company a sign of things to come?
The Walt Disney Company has moved higher by 24.72% from 89.45 to 111.56 in the last 36 days.