WMT appears to be inside a triangle that is inside a rectangle. So there will be resistance at the top trendline of triangle and from the rectangle as well as support below.
Both of these are neutral patterns until a trendline is broken with a trend in that direction.
No recommendation. Three bottoms are close in price at bottom trendline of rectangle. There are also 3 tops that are close in price.
spinning top today and a Doji yesterday. Both are candles of indecision.
There have been 4 touches and a partial touch. Many times I have seen the 5th touch or swing in a triangle to be the charm but WMT remain inside for now.
Both of these are neutral patterns until a trendline is broken with a trend in that direction.
No recommendation. Three bottoms are close in price at bottom trendline of rectangle. There are also 3 tops that are close in price.
spinning top today and a Doji yesterday. Both are candles of indecision.
There have been 4 touches and a partial touch. Many times I have seen the 5th touch or swing in a triangle to be the charm but WMT remain inside for now.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.