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MrALtrades00

Walmart (WMT) Has A Falling Wedge!

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Walmart Inc. (NYSE:WMT)  
MrALtrades00  
NYSE:WMT   Walmart Inc.
Chart Patterns Wedge Trend Lines WMT wmtlong Falling Wedge
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chartpattern wedgepattern trendline wmt wmtlong fallingwedge
Wal-Mart (WMT) has a falling wedge on the daily timeframe. The stock closed above the 200MDA 2 days in a row (last Thursday and Friday)! On the second day it also closed above the 50MDA! Last but not least, the second day closed with more buying volume and pressure than the day prior. Also, the upper trend line of the falling wedge pattern, was touched three times! Therefore, the aforementioned confluences are strong signals for price to increase over the next few weeks.

Harmony,

MrALtrades00

*This is not financial advice.
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