WMT has finally proven that a base is now in place by doing the following;
1) Price has managed to peel away from its weekly lower bollinger that was constantly being violated
2) Price put in a long tailed doji below the Sep 2014 lows and managed to trade up towards $74
3) After being faded back below this level once again the price has managed to reverse back above it AGAIN which is essentially a false break and trapping the shorts below it.
On this basis WMT is a buy
1) Price has managed to peel away from its weekly lower bollinger that was constantly being violated
2) Price put in a long tailed doji below the Sep 2014 lows and managed to trade up towards $74
3) After being faded back below this level once again the price has managed to reverse back above it AGAIN which is essentially a false break and trapping the shorts below it.
On this basis WMT is a buy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.