Wal-Mart Stores is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Wal-Mart Stores continues in its current trajectory, we can expect it to reach 115.49 within the next 2 days.
Related Posts
META – It’s perhaps in these huge moves where the greatest opportunity lies
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
MRNA formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Emerging Channel Up detected on MRNA – the pattern is an emerging one and has not yet broken…
AAPL likely to test 215.1900 in the near future. Where to next?
AAPL is moving towards a key resistance level at 215.1900. AAPL has previously tested this level 5 times…